Mavrix Fund Management Inc. Completes the Rollover of Three Mavrix Resource Limited Partnerships



    TORONTO, March 26 /CNW/ - Mavrix Fund Management Inc. (TSX: MVX) today
announced that on March 25, 2008, it completed the rollover of the Mavrix
Explore 2006-I FT Limited Partnership ("LP"), the Mavrix Explore 2006-II FT
Limited Partnership ("LP") and the Mavrix Explore Quebec 2006 FT Limited
Partnership ("LP") into the Mavrix Multi Series Fund Ltd.-Explorer Series.
    As at the rollover date, the net asset value of the Mavrix Explore 2006-I
FT LP was $6.5798 per unit. Each investor in the Mavrix Explore 2006-I FT LP
received 0.528498 shares of the Mavrix Multi Series Fund Ltd.-Explorer Series
for each LP unit held on a tax-deferred basis.
    As at the rollover date, the net asset value of the Mavrix Explore
2006-II FT LP was $5.8350 per unit. Each investor in the Mavrix Explore
2006-II FT LP received 0.468675 shares of the Mavrix Multi Series Fund
Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.
    As at the rollover date, the net asset value of the Mavrix Explore Quebec
2006 FT LP was $6.6867 per unit. Each investor in the Mavrix Explore Quebec
2006 FT LP received 0.537084 shares of the Mavrix Multi Series Fund
Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.
    The Mavrix Multi Series Fund-Explorer Series (the "Fund") is a class of
redeemable shares of the Mavrix Multi Series Fund Ltd., a multi class mutual
fund corporation. The Fund's primary investment objective is to seek long-term
capital growth by investing in a diversified portfolio of Canadian resource
issuers. To achieve this objective, the Fund invests solely in the Mavrix
Explorer Fund that pursues the same investment objective mandate. Mavrix also
offers five other share classes, the Mavrix Multi Series Fund Ltd.-Canadian
Equity Series, Mavrix Multi Series Fund Ltd.- Global Enterprise Series, Mavrix
Multi Series Fund Ltd.- Growth Series, Mavrix Multi Series Fund Ltd.-Income
Series and Mavrix Multi Series Fund Ltd.-Short Term Income Series. The six
classes provide investors the opportunity for further investment
diversification and switches between classes are tax deferred. To learn more
about Mavrix Funds and Mavrix Fund Management Inc., please visit our website:
www.mavrixfunds.com.

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

    %SEDAR: 00020385E




For further information:

For further information: Toll Free: 1-888-964-3533, Direct: (416)
365-4077, Email: clientservices@mavrixfunds.com Or visit our website at
www.mavrixfunds.com

Organization Profile

MAVRIX FUND MANAGEMENT INC.

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MAVRIX EXPLORE 2006-I FT LIMITED PARTNERSHIP

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