Trading Symbol: FFP
VANCOUVER, BC, Aug. 31, 2020 /CNW/ - The financial results of
Consolidated Firstfund Capital Corp. for the three months ended
June 30, 2020 show a net income of
$677,955 or $0.11 per share (2019 - net loss of $171,999 or $0.03
per share). The Company recorded an unrealized net gain of
$665,824 (2019 - unrealized net loss
of $175,217) on the revaluation of
the investments in Vitality Products Inc. measured at fair value
through profit or loss. The Company's fee income increased to
$84,656 for the three months ended
June 30, 2020 (2019 - $81,748).
The Company's condensed consolidated interim financial
statements and management's discussion and analysis for the six
months ended June 30, 2020 and 2019
are available on SEDAR at www.sedar.com.
About Firstfund
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.