Firstfund reports 2009 fourth quarter results

Trading Symbol: FFP

VANCOUVER, April 30 /CNW/ - The Company wishes to announce its 2009 results from operations based upon its audited consolidated financial statements for the year ended December 31, 2009.

The financial results of the Company for the three months ended December 31, 2009 show a loss of $78,183 or $0.01 per share (2008 - $296,443 or $0.05 per share) on revenues of $73,409 (2008 - $80,718). No additional fee income, above and beyond the Company's monthly administration fees, was received in the fourth quarter of 2009. The Company's fee income was $72,293 for the three months ended December 31, 2009 (2008 - $78,522).

The financial results of the Company for the year ended December 31, 2009 show a loss of $211,011 or $0.04 per share (2008 - $499,566 or $0.08 per share). The Company's fee income increased to $311,089 for the year ended December 31, 2009 (2008 - $289,580).

The Company's audited consolidated financial statements and management's discussion and analysis for the year ended December 31, 2009 are available on SEDAR at www.sedar.com.

    
    On behalf of the Board of
    CONSOLIDATED FIRSTFUND CAPITAL CORP.

    William N. Grant (signed)
    ---------------------------------
    William N. 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.

%SEDAR: 00002533E

SOURCE Consolidated Firstfund Capital Corp.

For further information: For further information: Douglas Grant, Vice President & CFO at (604) 683-6611 or info@firstfund.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890