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Firstfund Reports 2019 First Quarter Results

Trading Symbol:  FFP

VANCOUVER , May 30, 2019 /CNW/ - The financial results of Consolidated Firstfund Capital Corp. for the three months ended March 31, 2019 show a net loss of $583,748 or $0.09 per share (2018 - net income of $465,086 or $0.08 per share).  The Company recorded an unrealized net loss of $595,737 (2018 - unrealized net gain of $455,564 ) 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 $81,250 for the three months ended March 31, 2019 (2018 - $77,390 ).

The Company's condensed consolidated interim financial statements and management's discussion and analysis for the three months ended March 31, 2019 and 2018 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                                          


"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.

View original content: http://www.newswire.ca/en/releases/archive/May2019/30/c3244.html