Trading Symbol: FFP
VANCOUVER, Nov. 29, 2017 /CNW/ - The financial results
of Consolidated Firstfund Capital Corp. for the three months ended
September 30, 2017 show a net income
of $10,655 or $0.00 per share (2016 - $19,342 or $0.00
per share) on revenues of $77,290
(2016 - $80,510). The Company's
fee income decreased to $76,654 for
the three months ended September 30,
2017 (2016 - $79,806).
The Company's expenses increased to $66,635 for the three months ended September 30, 2017 (2016 - $61,168) as the Company recognized a foreign
exchange loss of $4,402 (2016 -
foreign exchange gain of $1,003)
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 nine
months ended September 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.