Trading Symbol: FFP
VANCOUVER, June 5, 2018 /CNW/ -
Firstfund Announces Exercise of 165,000 Stock Options
Consolidated Firstfund Capital Corp. (the "Company" or
"Firstfund") is pleased to announce that directors, officers and
employees of the Company have exercised their stock options to
purchase a total of 165,000 common shares of the Company at an
exercise price of $0.10 per share for
proceeds totaling $16,500. The
Company now has 6,171,703 common shares issued and outstanding in
the capital stock of the Company.
Firstfund Holds Annual General Meeting
Consolidated Firstfund Capital Corp. is pleased to announce that
shareholders re-elected Cheryl A.
Grant, W. Douglas Grant,
Bruce J. McDonald and Stuart E. Pennington as Directors of the Company
for the ensuing year at the annual general meeting held earlier
today.
Firstfund Appoints Stuart E. Pennington as Chairman of the
Board
At the Company's Board of Directors' Meeting following the
annual general meeting, the Board appointed Stuart E. Pennington as Chairman of the Board
for the ensuing year, replacing Bruce J.
McDonald. Mr. McDonald will remain Chairman of the
Audit Committee.
Firstfund Grants 200,000 Incentive Stock Options
Consolidated Firstfund Capital Corp. announces that, pursuant to
its stock option plan, the Company has granted incentive stock
options to directors, officers and employees which will entitle the
option holders to purchase up to 200,000 common shares of the
Company at a price of $0.30 per share
for a period of five years. These options are not subject to
any vesting schedule and may be exercised at any time up to the
expiry date of June 5,
2023. These options are subject to a hold period of four
months and a day from June 5,
2018.
About Firstfund
Consolidated Firstfund Capital Corp. (FFP – TSX-V) is a venture
capital and property development and management company doing
business primarily in Canada and
the West Coast of the United
States.
On behalf of the Board of
CONSOLIDATED FIRSTFUND CAPITAL CORP.
"W. Douglas Grant"
(signed)
______________________________
W. Douglas Grant, President &
CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Consolidated Firstfund Capital Corp.