Consolidated Firstfund Capital Corp. - Director, President & CEO William N. Grant Passes Away

Trading Symbol:  FFP

VANCOUVER, Nov. 28, 2011 /CNW/ - It is with great sadness that the Company announces William N. Grant, Chairman of the Board of Directors and President & Chief Executive Officer of the Company, passed away suddenly on November 27, 2011.  Mr. Grant's contributions over his years of service to the Company were greatly appreciated and he will be missed.

W. Douglas Grant has been appointed President & CEO of the Company by the Board of Directors effective immediately.  W. Douglas Grant has been the Vice President & CFO of the Company since July 2002.  He was the Controller of the Company from February 1997 to June 2002 and he has worked at the Company since May 1996.  W. Douglas Grant has dual Master of Business Administration degrees from Cornell University and Queen's University and received his Certified Management Accountant designation in 2007.

James W. F. Tutton, Vice President, Real Estate and Secretary and Director of the Company, has been appointed interim CFO by the Board of Directors effective immediately.  Mr. Tutton has served on the Board of Directors since June 1993.

W. Douglas Grant has been appointed a Director of the Company by the Board of Directors to fill the vacancy in the Board effective immediately.

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.

For further information:

W. Douglas Grant, President & CEO at (604) 683-6611 or info@firstfund.ca


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