Trading Symbol: FFP
VANCOUVER, Aug. 29, 2018 /CNW/ - The financial results of
Consolidated Firstfund Capital Corp. for the three months ended
June 30, 2018 show a net income of
$693,461 or $0.11 per share (2017 - $706 or $0.00 per
share) on revenues of $815,907 (2017
- $82,854). The Company
recorded an unrealized gain of $735,910 (2017 - $Nil) on the revaluation of the
investment in Vitality Products Inc. common shares measured at fair
value through profit or loss. The Company's fee income
decreased to $78,970 for the three
months ended June 30, 2018 (2017 -
$82,198).
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the six
months ended June 30, 2018 and 2017
are available on SEDAR at www.sedar.com.
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.