Mavrix Fund Management Inc. has completed the rollovers of Mavrix Explore 2007-II FT Limited Partnership and Mavrix Quebec 2007-II Limited Partnership into Mavrix Multi Series Fund Ltd.-Explorer Series.

As at the rollover date of August 10, the net asset value of Mavrix Explore 2007-II FT LP was $1.89632 a unit. Each investor in the LP will receive 0.207475 shares of Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.

The net asset value of Mavrix Quebec 2007-II FT LP was $3.10412 a unit. Each investor in the LP will receive 0.339619 shares of Mavrix Multi Series Fund Ltd.-Explorer Series for each LP unit held on a tax-deferred basis.

Mavrix Multi Series Fund-Explorer Series is a class of redeemable shares of the Mavrix Multi Series Fund Ltd., a multi class mutual fund corporation. The fund’s primary investment objective is to seek long-term capital growth by investing in a diversified portfolio of Canadian resource issuers. To achieve this objective, the fund invests solely in the Mavrix Explorer Fund that pursues the same investment objective mandate.

Mavrix also offers five other share classes, Mavrix Multi Series Fund Ltd.-Canadian Equity Series, Mavrix Multi Series Fund Ltd.-Canadian Growth Series, Mavrix Multi Series Fund Ltd.-Income Series, Mavrix Multi Series Fund Ltd.-North American Growth Series and Mavrix Multi Series Fund Ltd.-Short Term Income Series. The six classes provide investors the opportunity for further investment diversification and switches between classes are tax deferred.

IE