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Reservoir Capital Corp.

Publié le 10 janvier 2012

Completes Geotechnical Work at Brodarevo

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Mots clés associés :   Canada |
=======================================================================
Re:   News - Tuesday, January 10, 2012
      Reservoir Completes Geotechnical Work at Brodarevo
=======================================================================

Vancouver, British Columbia (TSX Venture: REO) - Reservoir Capital
Corp. ("Reservoir" or the "Company") is pleased to report that
Energoprojekt Hidroinzenjering Co. Ltd. ("Energoprojekt") has completed
the geotechnical studies for the Company's Brodarevo hydroelectric
projects, to measure the geological stability and permeability of the
Brodarevo 1 and 2 dam sites. The Company's consultants have completed
24 drill holes of between 12.5 metres and 108 metres in length (900
metres in total), two galleries (total 120 metres), excavated 11 pits,
one shaft and completed 1,500 metres of seismic surveys.

Miljana Vidovic, President and CEO of Reservoir commented: "Our
Feasibility Studies and permitting for Brodarevo are now well-advanced
and we expect to be in a position to begin work on the river diversion
this spring."

The Company is completing feasibility studies for the construction of
two low-head run-of-river hydroelectric projects Brodarevo 1 (26 MW)
and Brodarevo 2 (32.4 MW), each with three turbines for an average
installed flow of 150 cubic metres per second and four spillways with
surface and submerged overflows capable of passing through much larger
amounts of water. The designs were tested and refined during a series
of some 120 hydrological experiments using 1:40 scale physical models
during the summer of 2011 and this geotechnical data represents the
final set of input data necessary.

Energoprojekt is now completing the final stages of project
optimization, designing on anti-erosion works and the mechanical and
electrical equipment. The main design studies for the river diversion
that will need to be completed to make space for the dam construction
site for Brodarevo 2 is scheduled for completion in February.

Quality Control

Deputy Director of the Company's operating subsidiary REV d.o.o., Milan
Cusic M.Sc. Dipl. Eng., a graduate of the Faculty of Mechanical
Engineering of the University of Belgrade (1997) and previously Chief
Hydro Engineer for Serbian State Utility EPS (2003-2010), is
responsible for the preparation of the technical information in this
release.

About Reservoir

Reservoir is a renewable energy company that is engaged in the
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").

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.

30

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

=======================================================================
Copyright (c) 2012 RESERVOIR CAPITAL CORP. (REO)  All rights reserved.
For more information visit our website at
http://www.reservoircapitalcorp.com/ or send
mailto:info@reservoircapitalcorp.com
=======================================================================
.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Reservoir Capital Corp.

EXPLORATEUR
CODE : REO.V
ISIN : CA7611251033
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Reservoir Capital est une société d’exploration minière basée au Canada.

Reservoir Capital détient divers projets d'exploration au Serbia and montenegro.

Ses principaux projets en exploration sont DELI JOVAN en Serbie et BRESTOVAC au Serbia and montenegro.

Reservoir Capital est cotée au Canada. Sa capitalisation boursière aujourd'hui est 917 500 CA$ (702 043 US$, 597 649 €).

La valeur de son action a atteint son plus haut niveau récent le 16 mars 2012 à 9,80 CA$, et son plus bas niveau récent le 09 juin 2017 à 0,03 CA$.

Reservoir Capital possède 18 350 000 actions en circulation.

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Financements de Reservoir Capital Corp.
05/02/2013Completion of Final Tranche of Private Placement
06/12/2011Successful Completion of $4,344,920 Private Placement
09/09/2009Successful Completion of $5,000,000 Private Placement
21/07/2009Raise $5,000,000 by Way of Private Placement
Attributions d'options de Reservoir Capital Corp.
09/03/2010New Appointments and the Granting of Incentive Stock Options
Nominations de Reservoir Capital Corp.
09/02/2012Appoints Lewis Reford as Lead Director
08/06/2011Appoints Serbian Advisor
Projets de Reservoir Capital Corp.
21/01/2014Brodarevo Project Update and Share Consolidation Proposal
12/12/2012Brodarevo Project Included in the Strategic Economic Coopera...
15/05/2012Granted Planning Permission for its Brodarevo Hydroelectric ...
28/02/2012Brodarevo Hydroelectric Project Update
07/02/2012Brodarevo Projects Included in the Serbia-Italy Bilateral Ag...
23/06/2011Reports Exploration Progress with Freeport-McMoRan Explorati...
Communiqués de Presse de Reservoir Capital Corp.
29/03/2016A2A Letter of Intent for the Brodarevo Hydroelectric Project...
22/01/2016Reservoir Capital Corp.: Corporate Update
22/12/2015Reservoir Extends Letter of Intent for the Brodarevo Hydroel...
26/11/2015Corporate Update
26/11/2015Reservoir Capital Corp.: Corporate Update
13/10/2015Reservoir to Raise up to $1 Million by Private Placement
08/10/2015Reservoir Signs Letter of Intent with A2A to Partner or Acqu...
15/09/2015Reservoir Secures Location Permits for its Brodarevo Hydroel...
27/07/2015Reservoir Advances Permitting for its Brodarevo Hydroelectri...
01/04/2015Reservoir Receives New Energy Permits for its Brodarevo Hydr...
25/03/2015Reservoir Receives New Energy Permits for Its Brodarevo Hydr...
25/03/2015Receives New Energy Permits for Its Brodarevo Hydroelectric ...
24/03/2015Reservoir Receives Location Permit for its Brodarevo-2 Hydro...
16/03/2015Reservoir Receives Location Permit for its Brodarevo-2 Hydro...
29/09/2014Reservoir Completes Private Land Purchases at Brodarevo
23/09/2014Reservoir Signs Letter of Intent with Saxa Gres to Develop N...
02/07/2014Reservoir Receives Approval to Settle Insider Debts
17/09/2013Renews and Enlarges its Vranjska Banja Geothermal License
26/06/2013Environmental Permits Granted for the Brodarevo Hydroelectic...
21/05/2013Concession Contract Completed for Cehotina Hydroelectic Proj...
16/01/2013Granted Concessions for 18 MW Cehotina Hydroelectric Project...
11/12/2012Brodarevo Project Included in the Strategic Economic Coopera...
11/09/2012Granting of Incentive Stock Options
31/01/2012Granted Three-Year Extensions for Brodarevo Energy Permits
10/01/2012Completes Geotechnical Work at Brodarevo
14/10/2011and Reservoir Minerals Inc. Announce Closing of Arrangement
29/06/2011Signs Power Purchase Agreement with GDF SUEZ Energia Italia ...
21/06/2011Brodarevo Included In The Spatial Plan of the Republic of Se...
13/06/2011Acquires Land for Brodarevo-2 Dam Site Construction
25/05/2011Announces Completion of Private Placement by Reservoir Miner...
10/05/2011Brodarevo Progress Report
03/05/2011Starts Testing Brodarevo Hydrological Models
11/04/2011Opens Subsidiary in Italy-REV Italia S.r.l.
25/03/2011Announces Spin-Out of Mineral Exploration Assets
24/02/2011Raises $7,082,400 From Exercise of 2009 Warrants and Acceler...
22/02/2011Granted Extensions for the Brodarevo 1 and 2 Energy Licenses
21/06/2010Signs Earn-in Agreement with Freeport-McMoRan Exploration Co...
27/05/2010Elects Not to Pursue Turkey Agreement
16/02/2010Advances Brodarevo Hydroelectric Projects in Serbia
05/01/2010Granted Geothermal Exploration Permit in Serbia
25/08/2009Applies for Third Serbian Energy License
05/08/2009Opens Subsidiary to Evaluate Hydro-Power Opportunities in Bo...
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