Reservoir Extends Letter of Intent for the Brodarevo Hydroelectric Projects in Serbia

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 22, 2015) - Reservoir Capital Corp. ("Reservoir" or the "Company") (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) is pleased to report that it is has agreed to extend to February 29, 2016, the Letter of Intent ("LOI") with A2A S.p.A. ("A2A") to complete exclusive negotiations and due diligence on the Company's Brodarevo hydroelectric power project ("HPP") in southern Serbia.

About Reservoir

Reservoir is a renewable energy company with its principal business the 59.1 MW hydroelectric project in development at Brodarevo on the River Lim, in southern Serbia. 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.