Trading Symbol: FFP
VANCOUVER, May 30, 2018 /CNW/ - The financial results of Consolidated Firstfund Capital Corp. for the three months ended March 31, 2018 show a net income of $465,086 or $0.08 per share (2017 - $86,288 or $0.01 per share) on revenues of $533,836 (2017 - $151,431). The Company recorded an unrealized gain of $455,564 (2017 - $70,087) on the revaluation of the investment in Vitality Products Inc. common shares measured at fair value through profit or loss. The Company's fee income decreased to $77,390 for the three months ended March 31, 2018 (2017 - $80,878).
The Company's condensed consolidated interim financial statements and management's discussion and analysis for the three months ended March 31, 2018 and 2017 are available on SEDAR at www.sedar.com.
Consolidated Firstfund Capital Corp. (FFP – TSX-V) is a venture capital and property development and management company doing business primarily in Canada and the West Coast of the United States.
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 [email protected]