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Article: Mavrix Fund Management Inc. is Pleased to Announce the Second Closing for the Mavrix Quebec 2009 Flow Through LP.
- Article from:
- Marketwire Canada
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Oct 29, 2009 (Marketwire via COMTEX) -- Mavrix Fund Management Inc. ("Mavrix") is pleased to announce the second closing of the sale of limited partnership units of Mavrix Quebec 2009 Flow Through LP (the "Partnership"). Gross proceeds raised to date are $4.048 million. The Partnership will primarily invest in flow-through shares of resource issuers engaged in mineral or oil and gas exploration primarily in the Province of Quebec, with a view to maximizing the tax benefit of an investment in the Units, preserving capital and achieving capital appreciation. The Partnership intends to focus on companies in the intermediate and junior resource sector with ...