TORONTO, ONTARIO--(Marketwire - Feb. 11, 2010) - Mavrix Fund Management Inc. ("Mavrix") announced today that effective as of March 15, 2010 (the "Redemption Date"), Mavrix will redeem all of its 8% Convertible Unsecured Subordinated Debentures with an aggregate principal amount of $3,050,000 (the "Debentures").