Reservoir Capital Sets Date for Share Consolidation

Reservoir Capital Corp. ("Reservoir" or the "Company") (TSX
VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) announces that the date for the
consolidation of its common shares on the basis of one (1) "new" common share
for twenty (20) "old" common shares has been set. Effective March 14, 2014, the
common shares of the Company will commence trading on the TSX Venture Exchange
on a consolidated basis under the same stock symbol "REO". The new CUSIP number
and ISIN are 761125202 and CA7611252023.


No fractional shares will be issued under the share consolidation. Instead, all
fractional shares resulting from the consolidation of less than one-half will be
rounded down to the nearest whole number and of one-half or greater will be
rounded up to the nearest whole number. 


Letters of transmittal describing the process by which shareholders may obtain
new certificates representing their consolidated common shares will be mailed
shortly to registered shareholders. Shareholders holding their shares through a
broker or other intermediary and do not have shares registered in their name
will not be required to complete a letter of transmittal. 


Following consolidation and subject to rounding, the Company will have 4,218,087
issued and outstanding common shares. All outstanding incentive stock options
and share purchase warrants will be adjusted accordingly to reflect the share
consolidation.


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, both 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

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