Trading Symbol: FFP
VANCOUVER, June 1, 2020 /CNW/ - The financial results of
Consolidated Firstfund Capital Corp. for the three months ended
March 31, 2020 show a net loss of
$577,548 or $0.09 per share (2019 - $583,748 or $0.09
per share). The Company recorded an unrealized net loss of
$595,737 (2019 - $595,737) on the revaluation of the investments
in Vitality Products Inc. measured at fair value through profit or
loss. The Company's fee income increased to $82,152 for the three months ended March 31, 2020 (2019 - $81,250).
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the three
months ended March 31, 2020 and 2019
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.