Resignation of Robert McClelland from the Board of Directors

Trading Symbol: FFP

VANCOUVER, June 30 /CNW/ - Consolidated Firstfund Capital Corp. announces that Robert H. McClelland has resigned from the Board of Directors for personal reasons. Mr. McClelland has been a director of the Company since 1995 and Chairman of the Board since 1997. The Board wishes to express its appreciation for Mr. McClelland's years of service to the Company.

William N. Grant, President & CEO, will serve as interim Chairman of the Board until the Board of Directors completes its search for Mr. McClelland's successor.

    
    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


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