TORONTO, Aug. 26 /CNW/ - Mavrix Fund Management Inc. (Mavrix) is pleased
to announce the filing of the preliminary prospectus of the Mavrix Québec 2009
FT Limited Partnership (the "LP"). The LP will invest in a diversified
portfolio of flow-through shares issued primarily by mining companies with
exploration activities in the province of Québec. Québec has several
geological regions with numerous producing mines and has recently been the
site of potentially world class discoveries of gold, copper, zinc, nickel,
iron, and diamonds. Provided applicable conditions under the Québec Tax Act
are satisfied, a Québec Limited Partner, who is a resident of Québec at the
end of the year, may be entitled to deduct up to 150% of certain exploration
expenses incurred in the Province of Québec.
Mavrix is the manager and portfolio advisor of the LP.
The maximum size of the offering is $20,000,000. The syndicate is being
led by Desjardins Securities Inc. with other syndicate members including CIBC
World Markets Inc., BMO Capital Markets, Canaccord Capital Corporation, Dundee
Securities Corporation, Industrial Alliance Securities Inc., Laurentian Bank
Securities Inc., GMP Securities Inc. and Wellington West Capital Markets Inc.
A preliminary prospectus containing important information relating to
these securities has been filed with securities commissions or similar
authorities in certain jurisdictions of Canada. Copies of the preliminary
prospectus may be obtained from Richard Huang, Desjardins Securities Inc., at
(416) 867-3566 or email@example.com. There will not be any sale
or acceptance of an offer to buy the securities until a receipt for the final
prospectus has been issued.
For further information:
For further information: Mavrix Fund Management Inc., Raymond Steele,
Chief Financial Officer, Direct: (416) 365-4071, Toll Free: 1-888-964-3533,