Trading Symbol: FFP
VANCOUVER, May 30, 2017 /CNW/ - The financial results of
Consolidated Firstfund Capital Corp. for the three months ended
March 31, 2017 show a net income of
$16,201 or $0.00 per share (2016 - $5,620 or $0.00 per
share) on revenues of $81,344 (2016 -
$84,774). The Company's fee
income was $80,878 for the three
months ended March 31, 2017 (2016 -
$83,990). The Company's
expenses decreased to $65,143 for the
three months ended March 31, 2017
(2016 - $79,154) as the Company
recognized a foreign exchange loss of $1,116 (2016 - $9,494) primarily on the Company's accounts
receivable denominated in US dollars due to a strengthening of the
Canadian dollar against the US currency.
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the three
months ended March 31, 2017 and 2016
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.