Canadian National Stock Exchange - Redemption - Mavrix Fund 8% Convertible
Debenture (MVX.DB)

Bulletin 2010- 0302

TORONTO, March 15 /CNW/ - Mavrix Fund Management Inc.("Mavrix") Repaying 8% Convertible Debentures.

The Exchange has been informed that effective March 15, 2010, Mavrix will redeem all of its 8% Convertible Unsecured Subordinated Debentures with an aggregate principal amount of $3,050,000. As of today, holders of the Debentures will be entitled, for each $1,000 principal amount together with $16.22 in interest accrued. As a result, MVX.DB will be delisted at the close today.

Holders of the Debentures should contact David Balsdon (416 365-4201 or [email protected]) of Mavrix Fund Management Inc. for details on the redemption procedure. The redemption was announced via a press release dated February 11, 2010.

    
    Effective Date: Market close, Monday, March 15, 2010
    Symbol: MVX.DB
    CUSIP: 57772AAA1
    

For further information: Radhika at [phone] X 2435 or E-mail: [email protected]