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Reservoir Capital Corp.

Published : March 09th, 2010

New Appointments and the Granting of Incentive Stock Options

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Keywords :   Canada | Serbia |
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Re:   News - Tuesday, March 09, 2010
      New Appointments and the Granting of Incentive Stock Options
=======================================================================

Vancouver, B.C -- Reservoir Capital Corp. (the "Company" or
"Reservoir") (TSX.V: REO) is pleased to announce the appointment of
Winston Bennett to its Board of Directors, and Milan Cusic to the role
of Deputy Director of its Serbian subsidiary Renewable Energy Ventures
D.o.o.

Mr. Bennett is the Vice-President and Director of Helios Energy Inc.
("Helios"), a developer of large-scale solar energy systems based in
Toronto.  His primary responsibilities at Helios include corporate and
project finance and strategic development.  Prior to joining the
management and ownership team at Helios, Mr. Bennett was the
Vice-President Banking at one of Canada's leading independent
investment dealers. In this role, Mr. Bennett was involved in public
and private equity transactions, structuring corporate and project debt
offerings and negotiating mergers and acquisitions.  Mr. Bennett holds
an Honours Business Administration degree from the Richard Ivey School
of Business at the University of Western Ontario and is a CFA charter
holder.

Mr. Cusic joins the Company from Serbia's State-owned utility
Elektroprivreda Srpska ("EPS"), where he was Chief Hydro Engineer,
responsible for EPS strategy on hydropower and renewable energy
development, revitalization of existing hydropower facilities and
construction of new hydropower projects.  Mr. Cusic holds a Masters
degree in Mechanical Engineering from the University of Belgrade.

Reservoir also announces the resignation of Mr. Nenad Radoja as Vice
President of the Company.  The Company wishes Mr. Radoja well with his
future endeavors.

Incentive Stock Options

The Company announces that pursuant to its Stock Option Plan, 1,075,000
incentive stock options exercisable at a price of $0.81 per share for a
period of up to five years have been granted to certain officers,
directors, employees and consultants of the Company.

About Reservoir

Reservoir is a renewable energy company, engaged in development of a
55MW hydroelectric project at Brodarevo in southwest Serbia.  The
Company has applied for a 32MW license at Vrutci, holds four geothermal
exploration licenses and is studying various other hydroelectric and
geothermal opportunities in the region.  Reservoir also holds a
substantial portfolio of precious and base metal exploration projects,
which it is looking to divest.  Reservoir's common shares trade on the
TSX Venture Exchange (symbol "REO") and on the Frankfurt and Berlin
Exchanges (symbol "ROC").

-30-

For further information on Reservoir Capital Corp. please consult the
Company's website www.reservoircapital.ca or contact Miljana Vidovic,
President; Miles Thompson, Chairman; or Kim Casswell, Corporate
Secretary, at +1 (604) 662-8448.

Investor Relations

Vancouver: Julia Maxwell, +1 (604) 662-8448
Toronto: Chris MacIntyre, +1 (416) 346-7660

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

Associated File:
  http://www.reservoircapitalcorp.com/i/pdf/REO_NR_March9.pdf
    269 KB in size, approx. 51 seconds to download at 56.6Kbps

=======================================================================
Copyright (c) 2010 RESERVOIR CAPITAL CORP. (REO)  All rights reserved.
For more information visit our website at
http://www.reservoircapitalcorp.com/ or send
mailto:info@reservoircapitalcorp.com
=======================================================================
.
Data and Statistics for these countries : Canada | Serbia | All
Gold and Silver Prices for these countries : Canada | Serbia | All

Reservoir Capital Corp.

EXPLORATION STAGE
CODE : REO.V
ISIN : CA7611251033
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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.

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Financings of Reservoir Capital Corp.
2/5/2013Completion of Final Tranche of Private Placement
12/6/2011Successful Completion of $4,344,920 Private Placement
9/9/2009Successful Completion of $5,000,000 Private Placement
7/21/2009Raise $5,000,000 by Way of Private Placement
Option Grants of Reservoir Capital Corp.
3/9/2010New Appointments and the Granting of Incentive Stock Options
Nominations of Reservoir Capital Corp.
2/9/2012Appoints Lewis Reford as Lead Director
6/8/2011Appoints Serbian Advisor
Project news of Reservoir Capital Corp.
1/21/2014Brodarevo Project Update and Share Consolidation Proposal
12/12/2012Brodarevo Project Included in the Strategic Economic Coopera...
5/15/2012Granted Planning Permission for its Brodarevo Hydroelectric ...
2/28/2012Brodarevo Hydroelectric Project Update
2/7/2012Brodarevo Projects Included in the Serbia-Italy Bilateral Ag...
6/23/2011Reports Exploration Progress with Freeport-McMoRan Explorati...
Corporate news of Reservoir Capital Corp.
3/29/2016A2A Letter of Intent for the Brodarevo Hydroelectric Project...
1/22/2016Reservoir Capital Corp.: Corporate Update
12/22/2015Reservoir Extends Letter of Intent for the Brodarevo Hydroel...
11/26/2015Corporate Update
11/26/2015Reservoir Capital Corp.: Corporate Update
10/13/2015Reservoir to Raise up to $1 Million by Private Placement
10/8/2015Reservoir Signs Letter of Intent with A2A to Partner or Acqu...
9/15/2015Reservoir Secures Location Permits for its Brodarevo Hydroel...
7/27/2015Reservoir Advances Permitting for its Brodarevo Hydroelectri...
4/1/2015Reservoir Receives New Energy Permits for its Brodarevo Hydr...
3/25/2015Reservoir Receives New Energy Permits for Its Brodarevo Hydr...
3/25/2015Receives New Energy Permits for Its Brodarevo Hydroelectric ...
3/24/2015Reservoir Receives Location Permit for its Brodarevo-2 Hydro...
3/16/2015Reservoir Receives Location Permit for its Brodarevo-2 Hydro...
9/29/2014Reservoir Completes Private Land Purchases at Brodarevo
9/23/2014Reservoir Signs Letter of Intent with Saxa Gres to Develop N...
7/2/2014Reservoir Receives Approval to Settle Insider Debts
9/17/2013Renews and Enlarges its Vranjska Banja Geothermal License
6/26/2013Environmental Permits Granted for the Brodarevo Hydroelectic...
5/21/2013Concession Contract Completed for Cehotina Hydroelectic Proj...
1/16/2013Granted Concessions for 18 MW Cehotina Hydroelectric Project...
12/11/2012Brodarevo Project Included in the Strategic Economic Coopera...
9/11/2012Granting of Incentive Stock Options
1/31/2012Granted Three-Year Extensions for Brodarevo Energy Permits
1/10/2012Completes Geotechnical Work at Brodarevo
10/14/2011and Reservoir Minerals Inc. Announce Closing of Arrangement
6/29/2011Signs Power Purchase Agreement with GDF SUEZ Energia Italia ...
6/21/2011Brodarevo Included In The Spatial Plan of the Republic of Se...
6/13/2011Acquires Land for Brodarevo-2 Dam Site Construction
5/25/2011Announces Completion of Private Placement by Reservoir Miner...
5/10/2011Brodarevo Progress Report
5/3/2011Starts Testing Brodarevo Hydrological Models
4/11/2011Opens Subsidiary in Italy-REV Italia S.r.l.
3/25/2011Announces Spin-Out of Mineral Exploration Assets
2/24/2011Raises $7,082,400 From Exercise of 2009 Warrants and Acceler...
2/22/2011Granted Extensions for the Brodarevo 1 and 2 Energy Licenses
6/21/2010Signs Earn-in Agreement with Freeport-McMoRan Exploration Co...
5/27/2010Elects Not to Pursue Turkey Agreement
2/16/2010Advances Brodarevo Hydroelectric Projects in Serbia
1/5/2010Granted Geothermal Exploration Permit in Serbia
8/25/2009Applies for Third Serbian Energy License
8/5/2009Opens Subsidiary to Evaluate Hydro-Power Opportunities in Bo...
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