NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED
STATES OF AMERICA


Reservoir Capital Corp., ("Reservoir" or the "Company") (TSX
VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) is pleased to announce that it is has
completed the final tranche of a non-brokered private placement financing that
was announced on November 21, 2012 (the "Private Placement") raising an
additional $215,000 by the issuance of 2,150,000 units at $0.10 per unit. Each
unit was comprised of one common share (a "Share") and one non-transferable,
common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to
purchase an additional Share at $0.25 until February 5, 2015. If, after June 5,
2013, the closing price of the Company's shares on the TSX Venture Exchange is
$0.35 or greater for 10 consecutive trading days, the Company may, by notice
given within five trading days thereof, accelerate the expiry of the warrants to
the 21st trading day after such notice. 


The Company paid a cash finders' fee of $800.00 in respect of a subscription
from an investor introduced by a finder. Insiders of the Company also purchased
200,000 units.


The Shares, and any Shares issued on the exercise of the Warrants, are subject
to a restricted resale period under Canadian securities law and Exchange policy
until June 6, 2013. 


The proceeds of the offering will be used by Reservoir to support continued
permitting work on its Brodarevo Hydroelectric Project in Serbia, new business
efforts in Bosnia and Montenegro and for general corporate purposes. 


About Reservoir

Reservoir is a renewable energy company based in southeast Europe. In 2012, the
Company completed a positive Feasibility Study on its 59.1 MW Brodarevo
hydroelectric project on the River Lim in Serbia and is currently working to
secure project finance and building permits. Reservoir is also developing three
hydroelectric projects on the Cehotina River in Bosnia totaling 17.76 MW and the
Vranska Banja geothermal project in southern Serbia with an estimated resource
potential of up to 20 MW. The Company'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.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States of America. The
securities have not been and will not be registered under the United States
Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws
and may not be offered or sold within the United States or to U.S. Persons (as
defined in the U.S. Securities Act) unless registered under the U.S. Securities
Act and applicable state securities laws, or an exemption from such registration
is available.


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

Reservoir Capital Corp. (TSXV:REO)
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