Trading Symbol: FFP
VANCOUVER, Dec. 17, 2012 /CNW/ - As previously announced, William Neil
Grant passed away on November 27, 2011. Pursuant to the grant of
probate approved and sealed by the Supreme Court of British Columbia on
December 14, 2012, all of the common shares of Consolidated Firstfund
Capital Corp. ("Firstfund") beneficially owned directly and indirectly
by Mr. Grant devolved to his estate in accordance with his will which
provides for such shares to continue to be controlled by and for the
benefit of members of the Grant family. The Estate of William Neil
Grant (the "Estate") beneficially owns directly and indirectly
4,496,467 common shares of Firstfund or 74.86% of the outstanding
common shares of Firstfund.
The executors of the Estate are Sue J. Grant, W. Douglas Grant, R. Brian
Grant and Cheryl A. Grant (the "Executors"). For so long as the Estate
beneficially owns the common shares, the Executors are in accordance
with Mr. Grant's will vested with the power to make all decisions with
respect to such common shares, including without limitation, voting and
transacting in such shares. Accordingly, the Executors of the Estate
may be considered to have control or direction over the common shares
beneficially owned by the Estate. Each Executor also directly and
indirectly beneficially owns common shares for his or her own account.
The address of the Estate is c/o 2901 - 837 West Hastings Street,
Vancouver, British Columbia V6C 3N7. The Executors of the Estate may
be reached at the address of the Estate.
The common shares are held by the Estate for investment purposes and the
Estate may, depending on market and other conditions, increase or
decrease its ownership position in securities of Firstfund through
market transactions or otherwise. A copy of the Early Warning Report
will be available on the SEDAR website at www.sedar.com.
"W. Douglas Grant" (signed)
The Estate of William N. Grant
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:
or to obtain a copy of the Early Warning Report, please contact: W. Douglas Grant at (604) 683-6611.