Trading Symbol: FFP
VANCOUVER, May 30, 2018 /CNW/ - The financial results of
Consolidated Firstfund Capital Corp. for the three months ended
March 31, 2018 show a net income of
$465,086 or $0.08 per share (2017 - $86,288 or $0.01
per share) on revenues of $533,836
(2017 - $151,431). The Company
recorded an unrealized gain of $455,564 (2017 - $70,087) 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
$77,390 for the three months ended
March 31, 2018 (2017 - $80,878).
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the three
months ended March 31, 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.