FIRSTFUND REPORTS 2011 FIRST QUARTER RESULTS

Jun. 29, 2011 (Canada NewsWire Group) --

Trading Symbol:  FFP

VANCOUVER, June 29, 2011 /CNW/ - Consolidated Firstfund Capital Corp. announces its results from operations for its first quarter ended March 31, 2011.  The financial results of the Company for the three months ended March 31, 2011 show a net loss of $70,133 or $0.01 per share (2010 - $68,217 or $0.01 per share) on revenues of $70,573 (2010 - $72,316).  No additional fee income, above and beyond the Company's monthly administration fees, was received in the first quarter of 2011.  The Company's fee income was $68,160 for the three months ended March 31, 2011 (2010 - $71,654).

The Company's condensed consolidated interim financial statements and management's discussion and analysis for the three months ended March 31, 2011 and 2010 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

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.

W. Douglas Grant, Vice President & CFO at (604) 683-6611 or info@firstfund.ca