Mavrix Fund Management Inc. Is Pleased To Announce The Filing Of The Final Prospectus For The Mavrix Explore 2007-II FT LP

    Mavrix Fund Management Inc. (MVX on TSX)

    TORONTO, Sept. 20 /CNW/ - Mavrix Fund Management Inc. is pleased to
announce the filing of the final prospectus of the Mavrix Explore 2007-II FT
Limited Partnership (the "LP"). The LP will invest in a diversified portfolio
of flow-through shares issued primarily by mining companies with exploration
activities in Canada. The initial closing is scheduled for September 27, 2007.
A second closing is scheduled to occur in mid to late October, 2007, if
    Mavrix Fund Management Inc. has been the manager of twelve prior Resource
Flow-Through Limited Partnerships that raised over $360 million in proceeds.
    The maximum size of the offering is $50,000,000 and is being co-led by
Dundee Securities Corporation, CIBC World Markets Inc., RBC Capital Markets
Inc., and TD Securities Inc. Other syndicate members include Canaccord Capital
Corporation, Scotia Capital Inc., Blackmont Capital Inc., Raymond James Ltd.,
Wellington West Capital Inc., Berkshire Securities Inc., GMP Securities L.P.,
IPC Securities Corporation, Bieber Securities Inc., Desjardins Securities
Inc., MGI Securities Inc., Argosy Securities Inc., Industrial Alliance
Securities Inc., and Laurentian Bank 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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