MPH Ventures Appoints Steve Marshall to Cuban Investment Advisory Board
February 24 2015 - 8:19AM
MPH Ventures Corp. (TSX-V: MPS) (OTCBB: MPSFF)
(Frankfurt: IJA2) (the "Company") announces a second appointment to
the Company's newly formed Cuban Investment Advisory Board. With
the most significant shift in American policy towards Cuba in over
fifty years, MPH Ventures intends to evaluate potential investments
in Cuba.
MPH Ventures is pleased to announce the
appointment of Mr. Steve Marshall to the Company's Cuban Investment
Advisory Board.
Steve Marshall is a trilingual entrepreneur
specializing in international marketing and deal brokering. He has
successfully adapted to varied world markets throughout his career
directing marketing campaigns in Spain, France, Russia, Moldova,
Ukraine and Cuba including a multinational timeshare company and a
multilevel digital marketing corporation.
Mr. Marshall spent 11 years in Cuba specializing
in Cuban joint ventures and successfully founded a number of
companies including;
- Primeras Inversiones - Havana Free Zone
- First State approved Real Estate joint venture - CIMEX
- Condo Sales Havana - CIMEX
- Dimension W-Tech Start-Up Joint Venture with the Ministry of
Communications
- First Cuba-Centric Online marketing company handling over 30
million annual internet visitors with the Ministry of Tourism
Mr. Marshall was a special advisor to a number
of Cuban corporations spearheading their entrance into the new
economy and providing support and investment in a range of
commercial sectors. He is knowledgeable concerning the
idiosyncrasies of dealing with the Cuban Government and Cuba's
foreign investment laws.
Steve Marshall's past Cuban ventures have
received coverage in the Financial Times, BBC News, CNN, Time
Magazine, Washington Post, Chicago Tribune, and The Wall Street
Journal.
Mr. Marshall also found time to concentrate on
his philanthropic initiatives including refitting of the Pinar del
Rio General hospital with over $800,000 in second hand medical
equipment and importing containers of children's toys for the
pediatric cancer unit at the Havana William Soler Hospital in
Cuba.
At this time, MPH Ventures has not concluded any
transactions in Cuba nor is there any assurance that a suitable
investment in a Cuban project will be concluded in the future. Any
transaction, which may include a change in business, will require
regulatory approval.
On February 18th, MPH Ventures announced a
non-brokered private placement of up to 10,000,000 units (the
"Unit") at a price of $0.05 per unit to raise proceeds of up to
$500,000. Each Unit consists of one common share and one
non-transferable share purchase warrant (the "Warrant"). Each
Warrant will entitle the holder to purchase one common share for a
period of five years at a price of $0.075 per share. The Company
intends to utilize the proceeds from this private placement for
investment investigation and for general working capital
purposes.
A finder's fee of up to 7% cash and 7%
non-transferable warrants (the "Finder's Warrants") may be paid in
connection with part of this private placement. Each Finder's
Warrant will entitle the finder to purchase a common share at a
price of $0.075 per share for a period of five years from the
closing date of the private placement.
The private placement is subject to TSX Venture
Exchange acceptance.
About MPH Ventures Corp.:
MPH Ventures Corp. currently has 14.1 million
shares issued and outstanding.
For further information on MPH Ventures Corp.
(TSX-V: MPS) visit the Company's website at www.mphventurescorp.com
.
MPH VENTURES CORP.
"Jim Pettit"
______________________________
James G. Pettit
President
For further information contact myself or:
Don Myers
MPH Ventures Corp.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@mphventurescorp.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
This release includes certain statements that may be deemed to
be "forward-looking statements". All statements in this release,
other than statements of historical facts, that address events or
developments that management of the Company expects, are
forward-looking statements. Although management believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, and actual results or developments may differ
materially from those in the forward-looking statements. The
Company undertakes no obligation to update these forward-looking
statements if management's beliefs, estimates or opinions, or other
factors, should change. Factors that could cause actual results to
differ materially from those in forward-looking statements, include
market prices, exploration and development successes, continued
availability of capital and financing, and general economic, market
or business conditions. Please see the public filings of the
Company at www.sedar.com for further information.
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC,
Canada, V7Y 1K4
www.mphventurescorp.com
TSX Venture Exchange Symbol: MPS
Email: info@mphventurescorp.com
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
HUG#1896674
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