Mavrix Fund Management Inc. is Pleased to Announce the Initial Closing for Mavrix Explore 2008-II FT Limited Partnership

    Mavrix Fund Management Inc. (MVX on TSX)

    TORONTO, Oct. 7 /CNW/ - Mavrix Fund Management Inc. (Mavrix) is pleased
to announce the initial closing of the sale of limited partnership units of
Mavrix Explore 2008-II FT Limited Partnership (the "LP"). Gross raised was
$6.45 million. The LP will invest in a diversified portfolio of flow-through
shares issued primarily by mining companies with exploration activities in
Canada. The final closing is scheduled to occur on October 30, 2008.
    Mavrix is the manager and portfolio advisor of the LP.
    The maximum size of the offering is $50,000,000. The syndicate is being
led by Canaccord Capital Corporation with other syndicate members including
CIBC World Markets Inc., Dundee Securities Corporation, BMO Nesbitt Burns
Inc., Scotia Capital Inc., TD Securities Inc., Blackmont Capital Inc.,
M Partners Inc., Raymond James Ltd., Wellington West Capital Inc., Argosy
Securities Inc., Desjardins Securities Inc., MGI Securities Inc., and Research
Capital Corporation.
    The prospectus related to the LP contains important detailed information
about the securities being offered. Copies of the prospectus may be obtained
from Len Sauer, Canaccord Capital Corporation, Direct: (416) 867-4544 or
E-mail: and also from Mavrix Fund Management
Inc., Raymond Steele, Chief Financial Officer, Direct: (416) 365-4071, Toll
Free: 1-888-964-3522 or E-mail: Investors should read
the prospectus before making an investment decision.

    About Mavrix Fund Management Inc.

    Mavrix Fund Management Inc. (TSX: MVX) is an asset management company
founded and operated by experienced portfolio managers. The company offers a
focused line-up of concentrated, actively managed funds that aim to complement
mainstream funds. Mavrix supports its products by providing financial advisors
with regular and direct access to portfolio managers and unbiased commentary,
which has enabled the company to become a trusted advisor to its clients.
Mavrix is headquartered in Toronto with offices in Halifax, Montreal,
Winnipeg, Calgary, and Vancouver. Additional information about Mavrix can be
found at

For further information:

For further information: 

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890