Firstfund reports 2014 third quarter results

Trading Symbol:  FFP

VANCOUVER, Dec. 1, 2014 /CNW/ - Consolidated Firstfund Capital Corp. announces its results from operations for its third quarter ended September 30, 2014.  The financial results of the Company for the three months ended September 30, 2014 show a net income of $154,798 or $0.02 per share (2013 - net loss of $19,821 or $0.00 per share) on revenues of $210,204 (2013 - $74,915).  No additional fee income, above and beyond the Company's monthly administration fees, was received in the third quarter of 2014.  The Company's fee income was $66,856 for the three months ended September 30, 2014 (2013 - $68,808).  The Company realized a gain on the sale of investments of $138,000 for the three months ended September 30, 2014 (2013 - $0).

The Company's condensed consolidated interim financial statements and management's discussion and analysis for the nine months ended September 30, 2014 and 2013 are available on SEDAR at www.sedar.com.

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.

W. Douglas Grant, President & CEO at [phone] or [email protected]