Business
Highlights of Firstfund's annual general meeting
Highlights of Firstfund's annual general meeting.
About this update from Consolidated Firstfund Capital Corp.
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: FFP\n\nVANCOUVER, June 8 /CNW/ - Consolidated Firstfund Capital Corp. held its\nannual general meeting on June 7, 2005. Of particular interest:\n\n1. William Grant presented the Directors' Report to the shareholders.\n Mr. Grant declared 2004 as a watershed year for the Company. The\n Company had a profit of $371,717 on revenues of $1,001,260. In\n addition, Mr. Grant announced that construction of Ocean Breezes III,\n the fully permitted, 68-unit residential development in Birch Bay,\n Washington, is scheduled to begin at the end of this year and to be\n completed by January 2007. The Company will earn project\n administration fee income for this property development.\n\n2. Robert H. Grant, William N. Grant, Robert H. McClelland and James W.\n F. Tutton were re-elected as directors of the Company for the ensuing\n year.\n\n3. Shareholders approved the adoption of the stock option plan for the\n Company and the authorization of the granting of incentive stock\n options under the stock option plan, subject to regulatory approval.\n\n\nOn behalf of the Board of\nCONSOLIDATED FIRSTFUND CAPITAL CORP.\n\n\n(signed)\n---------------------------------\nWilliam N. Grant, President & CEO\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n\n\n%SEDAR: 00002533E\n\n\n","length":1453,"tagName":"div"}]