Reservoir Advances Construction Permitting for Its Brodarevo Hydroelectric Projects in Serbia

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 6, 2015) - (TSX VENTURE:REO) Reservoir Capital Corp., ("Reservoir" or the "Company") is pleased to report continued progress on the construction permitting for its Brodarevo Hydroelectric Projects ("HPP"). In recent weeks, the Company has secured positive opinions regarding the issue of building permits from a number of key State-controlled institutions, including the following key documents:

• Elektromreza Srbije (Serbian State transmission company) - opinion and conditions for the connection of the Brodarevo 1 HPP to the state transmission network;
  
  
• Elektromreza Srbije - opinion and conditions for the connection of the Brodarevo 2 HPP to the state transmission network;
  
  
• Srbijavode (Serbian State water company) - opinion on the technical documentation for the construction of Brodarevo 1 and 2 HPP on the River Lim;
  
  
• Srbijavode - opinion on the technical documentation for the relocation of parts of the M-21 highway between Mijoska and Montenegrin border;
  
  
• National Water Directorate of the Ministry of Agriculture and the Environment - decision on the water requirements for the construction of the Brodarevo HPP on the River Lim;
  
  
• National Water Directorate of the Ministry of Agriculture and the Environment - resolution on the water requirements for the relocation of parts of the M-21 highway between Mijoska to the Montenegrin border;
  
  
• Department for Strategy and Development of Serbian Railways - technical requirements for the construction of the Brodarevo 1 and Brodarevo 2 HPP on the River Lim within the railway protection zone (Belgrade)-Resnik-Pozega-Vrbnica-state border; and
  
  
• Serbian Institute for Nature Conservation - decision on the nature conservation requirements in the area of Brodarevo 1 and Brodarevo 2 HPP.
  

Miljana Vidovic, President and CEO of the Company commented: "We are pleased with our continued progress and are delighted with the support of the Serbian State. We look forward to concluding the permitting stage of the project and are happy to be close to being able to start construction."

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. Agreements completed with Saxa Gres for the development of new recycling and waste-to-energy businesses near Rome also provide an important new growth business for the Company in the well-regulated Italian market. Reservoir's common shares trade on the TSX Venture Exchange (symbol "REO") and on the Frankfurt and Berlin Exchanges (symbol "ROC").

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.