Reservoir Targeting Hydroelectric Projects in Montenegro

Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC)
("Reservoir" or the "Company") 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 Serbia, Montenegro
and Macedonia, Mr. Roman Waschuk, who also presented the Company to the Ministry
of Sustainable Development and Tourism. 


Miljana Vidovic, President and CEO of Reservoir, commented: "We are grateful for
the continued support of the Canadian Embassy and very pleased to be extending
our new business efforts in the region to complement our existing base in Serbia
and Bosnia. Montenegro is a very mountainous country with a lot of undeveloped
hydroelectric potential and has recently established a new legal framework for
renewable energy to European Union standards."


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 concessions on the Cehotina River in Bosnia (17.75 MW).
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.

Reservoir Capital Corp. (TSXV:REO)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024