Successful Completion of $4,344,920 Private Placement

British Columbia, December 2, 2011 (TSX Venture: REO) --
Reservoir Capital Corp. ("Reservoir" or the "Company") is pleased to
announce that it is has completed a non-brokered private placement
financing (the "Private Placement") raising $4,344,920 by the issuance
of 6,207,028 units at $0.70 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 $1.00 until December 2, 2013. If, after
April 2, 2012, the closing price of the Company's shares on the TSX
Venture Exchange is $1.50 or greater for 20 consecutive trading days,
the Company may, by notice given within five trading days thereof,
accelerate the expiry of the Warrants to the 21st trading day after
such notice.

Finder's fees of 6% cash and 6% Finder Warrants ("FW") were paid and
issued to Haywood Securities Inc. ($20,412 and 29,160 FW), Global
Resource Investments Inc. ($80,245 and 114,636 FW), Canaccord Genuity
Corp. ($11,500 and 16,500 FW) and Global Market Development Ltd.
($30,030 and 42,900 FW) in consideration of their efforts in locating
investors.  The FW's are priced at $0.70 per Share and exercisable for
a 24 month period.

The Shares, and any Shares issued on the exercise of the Warrants or
Finder Warrants, are subject to a restricted resale period under
Canadian securities law and cannot be traded before April 3, 2012.

The proceeds of the offering will be used by Reservoir to support the
Feasibility Studies on the Brodarevo Projects, new business efforts in
the renewable energy sector and for general corporate purposes.

About Reservoir

Reservoir is a renewable energy company, engaged in development of a
58.4 MW hydroelectric project at Brodarevo in southwest Serbia.
Reservoir holds four geothermal exploration licenses in Serbia and has
applied for three hydroelectric licenses on the Cehotina River in
Bosnia (17.75 MW) and one to develop a 32 MW project from an existing
reservoir dam at Vrutci in Serbia.  Reservoir's common shares trade on
the TSX Venture Exchange (symbol "REO") and on the Frankfurt and Berlin
Exchanges (symbol "ROC").