Trading Symbol: FFP
VANCOUVER, Dec. 1 /CNW/ - Consolidated Firstfund Capital Corp. is pleased to announce its results from operations for its third quarter ended September 30, 2008. The financial results of the Company for the three months ended September 30, 2008 show a loss of $48,833 or $0.01 per share compared to a gain of $166,313 or $0.03 per share for the same period last year. Operating revenues decreased to $75,102 for the three months ended September 30, 2008 compared to $114,867 for the three months ended September 30, 2007. The Company's fee income was $71,401 for the three months ended September 30, 2008 (2007 - $111,125). During the three months ended September 30, 2008, the Company did not realize any gains or losses on the sale of its available-for-sale investments (2007 - a gain of $98,559).
The Company's interim consolidated financial statements and management's discussion and analysis for the nine months ended September 30, 2008 are available on SEDAR at www.sedar.com.
On behalf of the Board of CONSOLIDATED FIRSTFUND CAPITAL CORP. William N. Grant (signed) --------------------------------- William N. Grant, President & CEO The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
%SEDAR: 00002533E