TSXV Trading Symbol: FFP
VANCOUVER, BC,
May 30,
2024 /CNW/ - The financial results of Consolidated
Firstfund Capital Corp. (TSXV: FFP) (the
"Company" or "Firstfund") for the three months ended March 31, 2024 show a net loss of $16,612 or $0.00
per share (2023 - net loss of $15,407 or $0.00
per share). The Company recorded an unrealized net loss of
$35,044 for the three months ended
March 31, 2024
(2023 - unrealized net loss of $35,043) on the revaluation of the investments in
Vitality Products Inc. (TSXV: VPI) measured at
fair value through profit or loss. The Company's fee income
increased to $93,523 for the three
months ended March 31, 2024 (2023 - $85,608).
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the three
months ended March 31, 2024 and 2023 are
available on SEDAR+ at www.sedarplus.com.
About Firstfund
Consolidated Firstfund Capital Corp. (TSXV: FFP) is a venture
capital company. The Company is primarily engaged in financial
consulting relating to real estate development and venture capital
activities in Canada and
the United States. The Company is
an investment issuer listed on the TSX Venture Exchange.
Firstfund has invested its capital in both private companies and
publicly traded companies since 1983. The Company continues to
investigate other investment opportunities for its portfolio.
Firstfund earns fee income for real estate development and property
management activities performed on properties owned by other
companies and limited partnerships managed by companies under
common control.
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.