REO Reservoir Capital Corp. (delisted)

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED
STATES OF AMERICA


Reservoir Capital Corp. ("Reservoir" or the "Company") (TSX
VENTURE:REO)(BERLIN:ROC)(FRANKFURT:ROC) is pleased to announce that it is has
completed the first tranche of a non-brokered private placement financing (the
"Private Placement") raising $499,939.95 by the issuance of 3,332,933 units at
$0.15 per unit. Each unit was comprised of one common share (a "Share") and one
non-transferable, common share purchase warrant (a "Warrant"). Each Warrant
entitles the holder to purchase an additional Share at $0.20 until July 9, 2019.
If, after four months from closing, the closing price of the Company's shares on
the TSX Venture Exchange exceeds $0.30 for 30 consecutive trading days, the
Company may, by notice given and news release issued within two trading days
thereof, accelerate the expiry of the warrants to the 20th trading day after
such 30 day period. 


The Company paid finders' fees of 5% in respect of subscriptions from investors
introduced by various finders. The fee was paid in cash ($10,002), or at the
finder's election, through the issuance of that number of units equal to 5% of
the number of units issued pursuant to such subscriptions (8,300 units).
Insiders of the Company purchased 1,283,333 units and Pro Group members a
further 516,000 units of the first tranche.


The Shares, and any Shares issued on the exercise of the Warrants, are subject
to a restricted resale period under Canadian securities law and Exchange policy
until November 10, 2014. 


The proceeds of the offering will be used by Reservoir to support continued
permitting work on its Brodarevo Hydroelectric Project in Serbia, for new
business efforts and general corporate purposes. 


About Reservoir

Reservoir is a renewable energy company engaged in the development of a 59.1 MW
hydroelectric project at Brodarevo on the River Lim, the Vranjska Banja
geothermal project, both in southern Serbia, and the 17.76 MW Cehotina
hydroelectric projects in Bosnia. Reservoir's common shares trade on the TSX
Venture Exchange (symbol "REO") and on the Frankfurt and Berlin Exchanges
(symbol "ROC").


Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States of America. The
securities have not been and will not be registered under the United States
Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws
and may not be offered or sold within the United States or to U.S. Persons (as
defined in the U.S. Securities Act) unless registered under the U.S. Securities
Act and applicable state securities laws, or an exemption from such registration
is available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Reservoir Capital Corp.
Chris MacIntyre
VP Corporate Development
+1 416 703 0010
info@reservoircapitalcorp.com
www.reservoircapitalcorp.com

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