Trading Symbol: FFP
VANCOUVER, Aug. 29, 2017 /CNW/ - The financial results of
Consolidated Firstfund Capital Corp. for the three months ended
June 30, 2017 show a net income of
$706 or $0.00 per share (2016 - $1,423 or $0.00 per
share) on revenues of $82,854 (2016 -
$79,716). The Company's fee
income increased to $82,198 for the
three months ended June 30, 2017
(2016 - $78,814). The Company's
expenses increased to $82,148 for the
three months ended June 30, 2017
(2016 - $78,293) as the Company
recognized a foreign exchange loss of $2,937 (2016 - foreign exchange gain of
$101) 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 six
months ended June 30, 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.