Mavrix Fund Management Inc. files the preliminary prospectus and the amended and restated prospectus for the Mavrix TSX Venture Fund

    Mavrix Fund Management Inc. (MVX on TSX)

    TORONTO, June 28 /CNW/ - Mavrix Fund Management Inc. is pleased to
announce the filing of a prospectus in connection with the syndication of the
initial public offering of the Mavrix TSX Venture Fund (the "Fund"). The
prospectus seeks to qualify the distribution of warranted units each
consisting of one trust unit of the Fund (a "Fund Unit") and one half of one
Fund Unit purchase warrant at a price of 10.00 per warrant unit. Each whole
purchase warrant entitles the holder to purchase one Fund Unit at a price of
$10.25 on August 15, 2009.
    The syndicate is being led by Scotia Capital Inc., CIBC World Markets
Inc., and Dundee Securities Corporation and includes BMO Nesbitt Burns Inc.,
TD Securities Inc., Canaccord Capital Corporation, HSBC Securities (Canada)
Inc., Berkshire Securities Inc., Blackmont Capital Inc., Desjardins Securities
Inc., MGI Securities Inc., Wellington West Capital Inc., and Industrial
Alliance Securities Inc.

    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, Chief Operating Officer and
CFO, Direct: (416) 365-4071, Toll Free: 1-888-964-3533, Email:, Or visit our website at

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