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

    Mavrix Fund Management Inc. (MVX on TSX)

    TORONTO, Aug. 31 /CNW/ - Mavrix Fund Management Inc. is pleased to
announce the filing of the preliminary 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.
    Mavrix Fund Management Inc. has been the manager of 12 prior Resource
Flow-Through Limited Partnerships that have raised over $360 million in
    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., Berkshire Securities Inc., Blackmont Capital
Inc., Raymond James Ltd., Wellington West Capital 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: 00025679E

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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