Miljana Vidovic

December 02, 2014 12:36 ET

Acquisition of Shares & Warrants of Reservoir Capital Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 2, 2014) - I have acquired ownership of 250,000 common shares (representing 1.85% of the outstanding shares) and warrants to purchase an additional 250,000 common shares of Reservoir Capital Corp. (TSX VENTURE:REO) of Vancouver, BC pursuant to Reservoir's private placement at a price of $0.40 per unit (each unit consisting of one common share and one warrant to purchase a further common share) completed earlier this month.

I now have ownership of 937,333 common shares (representing 6.93% of Reservoir's outstanding common shares), warrants to purchase an additional 625,000 common shares and options to purchase an additional 36,000 common shares. If the warrants and options were exercised, I would have ownership of 1,598,333 common shares of the Issuer (representing 11.27% of the outstanding shares of Reservoir).

The shares and warrants were acquired for investment purposes under the exemption set out in section 2.5 of National Instrument 45-106 Prospectus and Registration Exemptions of the Canadian Securities Administrators for directors and officers of an issuer. Presently, I do not have any intention of acquiring any further securities of Reservoir but may acquire ownership of or control over further securities in the future depending upon market circumstances.

I have filed an Early Warning Report with the British Columbia, Alberta and Ontario Securities Commissions in respect of the acquisition. Copies of the Report may be obtained from SEDAR ( or without charge from Reservoir or me.

Contact Information

  • Miljana Vidovic
    Pozeska 83A
    11000 Beograd
    Phone: 011-381-635-288-67