Trading Symbol: FFP
VANCOUVER, June 4, 2013 /CNW/ - Consolidated Firstfund Capital Corp. is
pleased to announce that Mr. Stuart E. Pennington has been elected to
the Board of Directors by the shareholders of the Company at the annual
general meeting held on June 4, 2013. Mr. Pennington lives in Blaine,
Washington and is currently a consultant in the energy industry. Mr.
Pennington is a Director of Vitality Products Inc. He is the past
Operations Manager of Harbor Olympic Land, LLC. Previously, Mr.
Pennington spent 20 years working at ARCO Products Company, a part of
BP. He is the past Regional Sales Manager - Pacific Northwest at ARCO
Products Company. He graduated from the University of Oregon with a
Bachelor of Arts in Political Science and subsequently earned a MBA at
the University of California. Mr. Pennington is a past member of the
Birch Bay Steering Committee and is actively involved in local politics
in Whatcom County, Washington.
At the annual general meeting, shareholders also approved increasing the
size of the Board by one to five places and re-elected Robert H. Grant,
W. Douglas Grant, Bruce J. McDonald and James W. F. Tutton as Directors
of the Company for the ensuing year.
Consolidated Firstfund Capital Corp. announces that, pursuant to its
stock option plan, the Company has granted incentive stock options to
directors, officers and employees which will entitle the option holders
to purchase up to 220,000 common shares of the Company at a price of
$0.10 per share for a period of five years. These options are not
subject to any vesting schedule and may be exercised at any time up to
the expiry date of June 4, 2018. These options are subject to a
four-month hold period which expires October 4, 2013.
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 firstname.lastname@example.org