Mavrix Fund Management Inc. announces Appointments to its Board of Directors



    TORONTO, Dec. 12 /CNW/ - Mavrix Fund Management Inc. (TSX: MVX) today
announced the appointments of Pierre Saint-Laurent to the Board of Directors
of Mavrix Fund Management Inc. ("Mavrix") as Chairman and Martine Guimond as
an Independent Director.
    Mr. Saint-Laurent was appointed to Mavrix's Board of Directors as an
Independent Director on March 14, 2006 and is the President of Asset Counsel
Inc. Previously, he has held senior positions with StrategicNova and Talvest
Asset Management. Mr. Saint-Laurent holds B.Sc. and M.Sc. degrees in Economics
from the University of Montreal, with doctoral studies in Economics at the
University Of California at Berkeley, as well as a Diploma in Business
Administration from HEC Montreal. He also holds the Chartered Financial
Analyst designation and has obtained the CAIA (Chartered Alternative
Investment Analyst) designation.
    Ms. Guimond is a partner with Gowling Lafleur Henderson LLP in Montreal
and is a director of Branchez-vous! inc. (BZV:TSXV). She is also a member of
the board of the Quebec Investment Funds Council, the Quebec division of the
Investment Funds Institute of Canada. Ms. Guimond holds a B.Sc. and LL.B. from
the University of Montreal.

    Mavrix Fund Management Inc. is a growing Canadian asset management
company with shares listed on the Toronto Stock Exchange. Its stock symbol is
MVX.

    %SEDAR: 00020385EF




For further information:

For further information: contact Mavrix Fund Management Inc., Toll Free:
1-888-964-3533, Direct: (416) 362-3077; Or visit our website at
www.mavrixfunds.com

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MAVRIX FUND MANAGEMENT INC.

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