Mavrix Fund Management Inc. announces re-opening for sale of the Mavrix Multi Series Fund Ltd. - Short Term Income Series

    TSX: MVX

    TORONTO, Jan. 7 /CNW/ - Mavrix Fund Management Inc. (MVX : TSX) announced
it will lift the temporary closure of the corporate class shares of Mavrix
Multi Series Fund Ltd. - Short Term Income Series and will accept new purchase
orders and switches/transfers in from other Mavrix Funds effective at the
beginning of business as at 9:30 am on Tuesday, January 08, 2008.
    Mavrix had earlier announced the temporary closure on August 31, 2007 as
deemed appropriate in order to avoid potential adverse tax consequences for
the Mavrix Multi Series Fund Ltd.

    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

    %SEDAR: 00020385E

For further information:

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

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