REO Reservoir Capital Corp. (delisted)

Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC)
("Reservoir" or the "Company") is pleased to report that the Ministry of Natural
Resources, Mining and Spatial Planning, of the Republic of Serbia has renewed
the Company's Vranjska Banja geothermal exploration license in southern Serbia
for an additional 3-year period to August 16, 2016. The license now also covers
the geothermal wells VG-2 and VG-3 that were within an exploitation license that
expired over the previous period and which has now been incorporated into
Reservoir's license area.


The Company has measured discharge temperatures of 96 degrees C (boiling at this
elevation) and relatively high artesian flows averaging approximately 60 litres
per second from VG-2 and VG-3, with temperatures of up to 137 degrees C were
reportedly measured at less than one kilometre depth when the wells were
drilled. California-based consultants GeothermEx Inc. (a Schlumberger Company)
previously completed an independent review of the historical data, and
measurements taken during the Company's four season reservoir studies on VG-2
and VG-3, concluding the target could potentially support a power generation
project of at least 10 Megawatts ("MW") in size, utilizing a binary-cycle power
plant (see Company news release of January 23, 2012 for details).


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 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"). 


For further information on Reservoir Capital Corp., please consult the Company's
website www.reservoircapitalcorp.com.


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


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

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