Mavrix Fund Management Inc. Is Pleased To Announce The Final Closing For The Mavrix Explore 2008-I FT Limited Partnership



    Mavrix Fund Management Inc. (MVX:TSX)

    TORONTO, June 19 /CNW/ - Mavrix Fund Management Inc. (Mavrix) is pleased
to announce the final closing of the Mavrix Explore 2008-I FT Limited
Partnership (the "LP"). Gross Proceeds raised were $27.046 million. The LP
will invest in a diversified portfolio of flow-through shares issued primarily
by mining companies with exploration activities in Canada.
    Mavrix is the manager and portfolio advisor of the LP.
    The Mavrix Explore 2008-I FT Limited Partnership Initial Public Offering
was led by Canaccord Capital Corporation with other syndicate members
including CIBC World Markets Inc., Dundee Securities Corporation, BMO Nesbitt
Burns Inc., Scotia Capital Inc., Blackmont Capital Inc., IPC Securities
Corporation, Raymond James Ltd., Wellington West Capital Inc., Argosy
Securities Inc., Bieber Securities Inc., Desjardins Securities Inc., GMP
Securities L.P., Industrial Alliance Securities Inc., MGI Securities Inc., and
Research Capital Corporation.

    About Mavrix Fund Management Inc.

    Mavrix is a publicly listed company trading on the TSX under the symbol
MVX. Mavrix is headquartered in Toronto with offices in Halifax, Montreal,
Winnipeg, Calgary, and Vancouver. Mavrix Mutual Funds are distributed solely
through licensed financial advisors and stockbrokers.

    %SEDAR: 00020385E




For further information:

For further information: Raymond Steele, CFO, Direct: (416) 365-4071,
Toll Free: 1-888-964-3533, Email: rsteele@mavrixfunds.com. Or visit our
website at www.mavrixfunds.com

Organization Profile

MAVRIX FUND MANAGEMENT INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890