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Mavrix Fund Management Inc. Confirms TSX Delisting Dates

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^{Published in Business and Finance on Friday, July 3rd 2009 at 9:13 GMT, Last Modified on 2009-07-03 09:13:46 by Market Wire}  

 TORONTO, July 3 /CNW/ - Mavrix Fund Management Inc. (TSX: MVX) announced today that in connection with the completion of the acquisition of all of its outstanding common shares by 1796862 Ontario Ltd, a wholly owned subsidiary of GrowthWorks Ltd., the Toronto Stock Exchange (the "TSX") has confirmed that Mavrix's common shares will be delisted from the TSX at the close on July 06, 2009 and its 8% convertible debentures due June 30, 2010 (the "Debentures") will be delisted from the TSX at the close on July 10, 2009.As previously announced, Mavrix has made an application to list the Debentures on the Canadian National Stock Exchange and expects to announce shortly when trading of the Debentures will commence on that exchange. 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 lineup 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 and Winnipeg. Additional information about Mavrix can be found at [ www.mavrixfunds.com ]. About GrowthWorks GrowthWorks(TM) managed funds provide investment capital for Canadian companies and tax-advantaged investment opportunities for Canadian investors. GrowthWorks manages approximately $700 million in assets through the Working Opportunity Fund (EVCC) Ltd., GrowthWorks Atlantic Venture Fund Ltd., GrowthWorks Commercialization Fund Ltd. and GrowthWorks Canadian Fund Ltd. GrowthWorks identifies, analyzes and structures investments in companies with high growth potential. Particular emphasis is placed on IT, Life Sciences and Cleantech sectors. Building on more than 17 years of investment expertise, GrowthWorks is a leader in Canadian venture capital management. Additional information about GrowthWorks can be found at [ www.growthworks.ca ]. %SEDAR: 00020385E 

For further information: contact Mavrix Fund Management Inc. at (416) 362-3077, 1-888-964-3533 or [ www.mavrixfunds.com ]