Reservoir Capital intends to undertake a private placement of $3,000,000 by the issuance of 30,000,000 units at $0.10 per unit. Each unit shall consist of one common share and one non-transferable, common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at $0.25 for two years. If, after four months [...]
Reservoir Capital announces that, pursuant to the Company's stock option plan, that 3,660,000 incentive stock options, exercisable at $0.30 per share, for a period of five years have been granted to directors, officers, employees and consultants of the Company. Reservoir is a renewable energy company engaged in the development of a 59.2 MW [...]
Reservoir Capital is pleased to report that its independent hydroelectric power consultant, Energoprojekt Hidroinzenjering of Belgrade, Serbia, has completed a feasibility study for the Company's Brodarevo 1 and Brodarevo 2 hydroelectric projects on the River Lim in southwest Serbia.
Reservoir Capital is pleased to report that the Government of the Republic of Serbia has published its approval of the Spatial Plan for Special Purposes, covering the Company's Brodarevo 1 and 2 hydroelectric projects and related infrastructure on the River Lim in southwest Serbia. Miljana Vidovic, President and CEO of Reservoir, commented: "This [...]
Reservoir Capital is pleased to announce that it has established an office and contracted advisors to investigate potential hydroelectric development sites in Montenegro, focusing particularly on the River Lim, just across the border from the Company's Brodarevo Projects in Serbia. The office was formally opened by the Canadian Ambassador to [...]
Reservoir Capital is pleased to provide an update on progress on the Feasibility Studies for its Brodarevo Hydroelectric Projects in southern Serbia. The Company passed an important milestone in its permitting process in February with the completion of a public hearing to review the planning applications for the Brodarevo dams and related [...]
The Board of Directors of Reservoir Capital is pleased to announce that Mr. Lewis T. Reford, an independent director of the Company since January 2011, has also agreed to act as Reservoir's Lead Director. Mr. Reford's new role will be to assist in organizing project finance for the Brodarevo hydroelectric project as it nears completion of [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/12 -- Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ('Reservoir' or the 'Company') is pleased to report that it has received a formal confirmation from the Ministry of Infrastructure and Energy of the Republic of Serbia, that the Company's Brodarevo-1 and Brodarevo-2
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/30/12 -- Reservoir Capital Corp. (TSX VENTURE: REO)(BERLIN: ROC)(FRANKFURT: ROC) ('Reservoir' or the 'Company') is pleased to report that on January 25, 2012, the Ministry of Infrastructure and Energy of the Republic of Serbia, granted three-year extensions for the Brodarevo-1 and Brodarevo-2
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/23/12 -- Reservoir Capital Corp. ('Reservoir' or the 'Company')(TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) is pleased to report that GeothermEx Inc. ('GeothermEx', a Schlumberger Company) has completed an independent review of the Company's Vranjska Banja Geothermal Project in southern Serbia
Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, January 23, 2012:
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/10/12 -- Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ('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
