Re: News - Tuesday, December 11, 2012
Title: Brodarevo Project Included in the Strategic Economic Cooperation Arrangement between the Canadian Commercial Corporation and the Government of the Republic of Serbia
Vancouver, British Columbia (TSX Venture: REO) - Reservoir Capital Corp. ("Reservoir" or the "Company") is pleased to report that its Brodarevo 1 and 2 Hydroelectric Project have been included in the Strategic Economic Cooperation Arrangement signed between the Canadian Commercial Corporation ("CCC"), a Crown corporation of the Government of Canada, and the government of the Republic of Serbia, to consider collaborative opportunities relating to the Brodarevo projects and to facilitate their rapid implementation.
The agreement was formally signed by Mr. Marc Whittingham the President and Chief Executive officer of CCC and Mr. Aleksandar Vucic, Serbia's First Deputy Prime Minister, in a ceremony held at the offices of the offices of Export Development Canada in Halifax Nova Scotia, on November 15th, 2012.
About Reservoir
Reservoir is a renewable energy company that is engaged in the development of a 59.1 MW hydroelectric project at Brodarevo in southwest Serbia. Reservoir holds four geothermal exploration licenses in Serbia and has applied for three hydroelectric concessions on the Cehotina River in Bosnia (17.75 MW). Reservoir's common shares trade on the TSX Venture Exchange (symbol "REO") and on the Frankfurt and Berlin Exchanges (symbol "ROC").
For further information on Reservoir Capital Corp., please consult the Company's website www.reservoircapitalcorp.com, or contact Chris MacIntyre, VP Corporate Development, at +1 416 703 0010.
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Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Copyright � 2012 RESERVOIR CAPITAL CORP. (REO) All rights reserved. For more information visit our website at
http://www.reservoircapitalcorp.com/ or send email to
info@reservoircapitalcorp.com ..
Message sent on Wed Dec 12, 2012 at 4:02:55 AM Pacific Time
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Reservoir Capital Corp.
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EXPLORATION STAGE |
CODE : REO.V |
ISIN : CA7611251033 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Reservoir Capital is a exploration company based in Canada. Reservoir Capital holds various exploration projects in Serbia and montenegro. Its main exploration properties are DELI JOVAN in Serbia and BRESTOVAC in Serbia and montenegro. Reservoir Capital is listed in Canada. Its market capitalisation is CA$ 917 500 as of today (US$ 702 043, € 597 649). Its stock quote reached its highest recent level on March 16, 2012 at CA$ 9.80, and its lowest recent point on June 09, 2017 at CA$ 0.03. Reservoir Capital has 18 350 000 shares outstanding. |