TSXV Trading Symbol: FFP
VANCOUVER, BC, Nov. 29,
2024 /CNW/ - The financial results of Consolidated
Firstfund Capital Corp. (TSXV: FFP) (the "Company" or "Firstfund")
for the three months ended September 30,
2024 show a net income of $2,558 or $0.00 per
share (2023 - net loss of $16,388 or
$0.00 per share). The Company
recorded an unrealized net gain of $Nil for the three months ended
September 30, 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 $102,684 for the three months ended September 30, 2024 (2023 - $93,017).
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the nine
months ended September 30, 2024 and
2023 are available on SEDAR+ at www.sedarplus.com and will be sent
to shareholders who request copies from the Company.
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.