Northern Rivers completes proposed changes to its mutual funds



    TORONTO, May 1 /CNW/ - Northern Rivers Capital Management Inc., in its
capacity as Manager of the Northern Rivers Funds, is pleased to announce that
it has completed the previously announced merger of the Northern Rivers
Evolution Fund into the Northern Rivers Conservative Growth Fund and the
change in the Manager of the Northern Rivers Monthly Income and Capital
Appreciation Fund and the Northern Rivers Monthly Income and Capital
Appreciation Trust Pool to Mavrix Fund Management Inc.
    All unitholder and regulatory approvals for these changes have now been
obtained and these changes are effective as of April 30, 2009.





For further information:

For further information: Robyn Graham, Vice President, Sales &
Marketing, Northern Rivers Capital Management Inc., Phone: (416) 597-1226 ext.
1 or 1-866-902-7060 ext. 1

Organization Profile

NORTHERN RIVERS CAPITAL MANAGEMENT INC.

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