Trading Symbol: FFP VANCOUVER, Aug. 29 /CNW/ - Consolidated Firstfund Capital Corp. is pleased to announce its results from operations for its second quarter ended June 30, 2006. The financial results of the Company for the three months ended June 30, 2006 show a loss of $32,529 or $0.01 per share (2005 - profit of $115,294 or $0.02 per share) on revenues of $121,966 (2005 - $262,836). The Company's fee income was $118,338 for the three months ended June 30, 2006 (2005 - $256,601) as no additional fee income, above and beyond the Company's monthly administration fee billed to Gold Star Resorts Inc. (US$35,000 per month), was received in the second quarter of 2006. The Company's interim consolidated financial statements and management's discussion and analysis for the six months ended June 30, 2006 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