Firstfund reports first quarter 2021 results

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TSXV transaction code: FFP

Vancouver, British Columbia, May 31, 2021 /CNW/-Consolidated Firstfund Capital Corp. (TSXV:FFP) (“Company” or “Firstfund”) as of three months March 31, 2021 Show net income as USD 1,204,744 or 0.19 USD Per share (2020-net loss USD 577,548 or 0.09 USD Per share).The company’s unrealized net income was 1,191,474 USD (2020-net loss USD 595,737) To Vitality Products Inc. (TSXV:VPI) Is measured at fair value and its changes are included in profit and loss.Company fee income reduced to 77,494 USD End of three months March 31, 2021 (2020- USD 82,152).

The company’s condensed consolidated interim financial statements for the three-month period and management’s discussion and analysis March 31, 2021 And 2020 available on SEDAR www.sedar.com.

About First Fund

Consolidated Firstfund Capital Corp. (TSXV:FFP) Is a venture capital and property development and management company, mainly in Canada And the west coast of the United States. The company is an investment issuer listed on the Growth Enterprise Market of the Toronto Stock Exchange. Since 1983, Firstfund has invested its capital in private companies and public companies. The company continues to look for other investment opportunities for its investment portfolio. Firstfund earns fee income from real estate development and property management activities carried out by properties owned by other companies and limited partnerships managed by jointly controlled companies.

Representative board
Unite FIRSTFUND CAPITAL CORP.

“W. Douglas Grant“(Signed)

______________________________
W. Douglas Grant, President and CEO

Neither TSX Venture Exchange nor its regulatory service provider (as the term is defined in the policies of TSX Venture Exchange) is responsible for the adequacy or accuracy of this press release.

Source: Consolidated Firstfund Capital Corp.

Caesarean section View original content: http://www.newswire.ca/en/releases/archive/May2021/31/c8063.html

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