REO Reservoir Capital Corp. (delisted)

Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) is pleased
to report that of the 8,333,333 share purchase warrants ("Warrants") issued as
part of its private placement financing completed on September 4, 2009,
shareholders have exercised 7,869,333 for net proceeds to the Company of
$7,082,400. Pursuant to the terms of these Warrants, the expiry date of those
remaining will now be accelerated to 4:00 p.m. (Vancouver time) on April 1,
2011.


Miles Thompson, Chairman of Reservoir, commented: "The majority of these
warrants have now been exercised and we would like to once again take this
opportunity to thank our loyal shareholders for the confidence and support that
we have received through this process."


A total of 8,333,333 Warrants were issued in the placement, of which 464,000 are
still outstanding, with 160,000 held by insiders. Each Warrant entitles the
holder to purchase of one common share of Reservoir at a price of $0.90 per
share until September 4, 2011. If the closing price of the Shares on the TSX
Venture Exchange is $1.20 or greater for a period of 20 consecutive trading days
(which has now occurred) the Company may give notice of an earlier expiry of the
Warrants, in which case the Warrants shall expire 26 trading days after mailing
such notice.


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. The
Company holds a portfolio of 8 precious and base metal exploration properties in
Serbia, with Freeport McMoRan Exploration Corp farming into two of them.
Reservoir's common shares trade on the TSX Venture Exchange (symbol "REO") and
on the Frankfurt and Berlin Exchanges (symbol "ROC").

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