Mavrix Fund Management Inc. Announces Appointments

    TORONTO, March 4 /CNW/ - Mavrix Fund Management Inc. (TSX: MVX) announced
the following appointments. Mavrix appointed Sergio DiVito as Chief Operating
Officer in addition to his current duties as Senior Vice President, Trading at
Mavrix. David Balsdon was appointed Chief Compliance Officer, subject to
regulatory approval, in addition to his duties as Vice President of Operations
& Administration and as Secretary-Treasurer at Mavrix.

    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: contact Mavrix Fund Management Inc., Toll Free:
1-888-964-3533, Direct: (416) 362-3077 Or visit our website at

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