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Ubika Research initiates coverage on MPH Ventures Corp. A promising play on molybdenum

TORONTO, Canada - Ubika Research has initiated coverage on MPH Ventures Corp. (TSXV: MPS.V, Frankfurt: IJAI) in a report, "Initiating Coverage: Positioned for a turnaround, when Moly rebounds" (Feb 6, 2009). Its Pidgeon project in Northern Ontario holds significant potential as seen from its latest results and the historic data. MPH Ventures is rated Speculative Buy by Ubika Research, with a 12-month target of C$ 0.31.

Download the free report at http://www.ubikaresearch.com/report/mphventurescorp.aspx

About MPH Ventures Corp.

MPH Ventures Corp. (TSX-VEN: MPS) is a molybdenum and precious metal exploration company focused on mineral development within Canada. The company's head office is in Vancouver, British Columbia, and it owns mineral properties in Northern Ontario. The company's principal business is the acquisition, exploration and development of mineral properties.

About Ubika Research

Ubika is a specialized research and analytics company with operations in Toronto and Vancouver, Canada. We create value for our clients and partners by building strategic solutions, using a portfolio of proprietary methodologies ranging from data and model management to knowledge-driven advanced analytics. For more information visit www.ubikaresearch.com

Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

Ubika Research, a division of Ubika Corporation, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit:

http://www.ubikaresearch.com/report/mphventurescorp.aspx

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	February 7, 2009 Ubika Research initiates coverage on MPH Ventures Corp. A promising play on molybdenum TORONTO, Canada - Ubika Research has initiated coverage on MPH Ventures Corp. (TSXV: MPS.V, Frankfurt: IJAI) in a report, "Initiating Coverage: Positioned for a turnaround, when Moly rebounds" (Feb 6, 2009). Its Pidgeon project in Northern Ontario holds significant potential as seen from its latest results and the historic data. MPH Ventures is rated Speculative Buy by Ubika Research, with a 12-month target of C$ 0.31. Download the free report at http://www.ubikaresearch.com/report/mphventurescorp.aspx About MPH Ventures Corp. MPH Ventures Corp. (TSX-VEN: MPS) is a molybdenum and precious metal exploration company focused on mineral development within Canada. The company's head office is in Vancouver, British Columbia, and it owns mineral properties in Northern Ontario. The company's principal business is the acquisition, exploration and development of mineral properties. About Ubika Research Ubika is a specialized research and analytics company with operations in Toronto and Vancouver, Canada. We create value for our clients and partners by building strategic solutions, using a portfolio of proprietary methodologies ranging from data and model management to knowledge-driven advanced analytics. For more information visit www.ubikaresearch.com Disclosure Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Ubika Research, a division of Ubika Corporation, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this report. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://www.ubikaresearch.com/report/mphventurescorp.aspx
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