TSXV Trading Symbol: FFP
VANCOUVER, BC, Aug. 29,
2024 /CNW/ - The financial results of Consolidated
Firstfund Capital Corp. (TSXV: FFP) (the "Company" or "Firstfund")
for the three months ended June 30, 2024 show a
net loss of $59,522 or $0.01 per share (2023 - net
loss of $54,599 or $0.01 per share). The Company recorded an
unrealized net loss of $70,086 for
the three months ended June 30, 2024
(2023 - unrealized net loss of $35,044) on the revaluation of the investments in
Vitality Products Inc. (TSXV: VPI) measured at fair value through
profit or loss. The Company's fee income increased to
$94,812 for the three months ended
June 30, 2024 (2023 -
$85,086).
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the six
months ended June 30, 2024 and 2023 are available
on SEDAR+ at www.sedarplus.com.
About Firstfund
Consolidated Firstfund Capital Corp. (TSXV: FFP) is a venture
capital company. The Company is primarily engaged in
financial consulting relating to real estate development and
venture capital activities in Canada and the United States. The
Company is an investment issuer listed on the TSX Venture
Exchange. Firstfund has invested its capital in both private
companies and publicly traded companies since 1983. The
Company continues to investigate other investment opportunities for
its portfolio. Firstfund earns fee income for real estate
development and property management activities performed on
properties owned by other companies and limited partnerships
managed by companies under common control.
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.