Received by email:
File: FFP News.doc
CONSOLIDATED FIRSTFUND CAPITAL CORP.
NEWS RELEASE
August 31, 2015 Trading Symb
--->ol: FFP
FIRSTFUND REPORTS 2015 SECOND QUARTER RESULTS
Consolidated Firstfund Capital Corp. announces its results from operations for its second quarter ended June 30, 2015.
---> The financial results of the Company for the three months ended June 30, 2015 show a net income of $82,495 or $0.02
--->per share (2014 - a net loss of $14,112 or $0.00 per share) on revenues of $237,145 (2014 - $67,896). No additional f
--->ee income, above and beyond the Company's monthly administration fees, was received in the second quarter of 2015. Th
--->e Company's fee income was $75,264 for the three months ended June 30, 2015 (2014 - $66,932). The Company's results i
--->n the second quarter of 2015 were impacted by the Company recording the net proceeds of $160,059 to GoldStar Resort De
--->stinations, Inc., a wholly-owned subsidiary of the Company, from the sale of a condominium unit in its timeshare progr
--->am. The cost of the sale was $76,002 resulting in a gain on the sale of $84,057.
The Company's condensed consolidated interim financial statements and management's discussion and analysis for the six
---> months ended June 30, 2015 and 2014 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
For more information, please contact:
W. Douglas Grant, President & CEO at (604) 683-6611 or info@firstfund.ca
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.
© 2024 Canjex Publishing Ltd. All rights reserved.