REO Reservoir Capital

Reservoir Capital Corp. Receives US$ Dividend from Nigerian Hydro Investment

Vancouver, British Columbia--(Newsfile Corp. - August 7, 2019) - Reservoir Capital Corp. (CSE: REO) ("REO") is pleased to announce that its subsidiary, Kainji Power Holding Limited ("KPHL") has received notice it will receive an interim 2019 dividend of US$441,990 from its investment in Mainstream Energy Solutions Limited ("MESL"). This most recent dividend follows the closing of REO's June 2019 transaction whereby it increased its indirect economic interest in MESL from 1.2% to approximately 3.8% and acquired an additional 35% direct interest in KPHL, bringing REO's total equity interest in KPHL to 95%.

MESL is a Nigerian clean power producer and concessionaire of two leading hydro power plants on the Niger River with an operating capacity of 922MW. Through its interest in KPHL, REO has approximately 35MW of net capacity in MESL assets.

About Reservoir Capital Corp.

REO's Vision & Mission is to assemble a portfolio of producing and near-production clean energy assets in emerging markets.

REO's strategy to achieve its Vision is to approach owners of privately-held quality assets and offer them diversification, liquidity and exposure to a growing portfolio assembled following a disciplined investment policy.

REO's investment policy consists of taking carefully selected minority economic interests in key geographies, targeting regular dividend income over long periods, while offering the potential for capital gain in the medium term.

Further Information

For more information on the Company, please visit . Investors are cautioned that trading in the securities of REO should be considered highly speculative. Additional information on these and other factors that could affect the operations or financial results of REO are included in REO's CSE Listing Statement and most recently filed quarterly report, each of which is filed with applicable Canadian securities regulators and may be accessed through the SEDAR website (). The CSE have neither approved nor disapproved the contents of this news release.

For further information, contact:

Lewis Reford
CEO, Reservoir Capital Corp.
Telephone: 416-399-2274
Email:

NEITHER THE CSE NOR THE INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit

EN
07/08/2019

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Reports on Reservoir Capital

 PRESS RELEASE

Reservoir Capital Corp. Receives US$ Dividend from Nigerian Hydro Inve...

Vancouver, British Columbia--(Newsfile Corp. - August 7, 2019) - Reservoir Capital Corp. (CSE: REO) ("REO") is pleased to announce that its subsidiary, Kainji Power Holding Limited ("KPHL") has received notice it will receive an interim 2019 dividend of US$441,990 from its investment in Mainstream Energy Solutions Limited ("MESL"). This most recent dividend follows the closing of REO's June 2019 transaction whereby it increased its indirect economic interest in MESL from 1.2% to approximately 3.8% and acquired an additional 35% direct interest in KPHL, bringing REO's total equity interest in K...

 PRESS RELEASE

Reservoir Capital Corp. Announces Director Resignation

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2019) - Reservoir Capital Corp. (CSE: REO) ("REO" or the "Company") announces the resignation of Winston Bennett as a director and the chairman of the audit committee of the Company. The Company wishes to sincerely thank Mr. Bennett for his tremendous contribution, professional dedication and valuable financial guidance to the Company over the past nine years.About Reservoir Capital Corp.REO's Vision & Mission is to assemble a portfolio of producing and near-production clean energy assets in emerging markets. REO's strategy to achieve its...

 PRESS RELEASE

Shareholder News Release

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2019) - In accordance with the requirements of Section 3.1 of National Instrument 62-103, Mr. Tunde J. Afolabi (the "Acquiror") announces that he has acquired 199,942,233 common shares (the "Shares") of Reservoir Capital Corp. of 543 Granville Street Vancouver, British Columbia V6C 1X8 (the "Issuer") on June 26, 2019 (the "Transaction"). The Shares were issued to the Acquiror on June 26, 2019 in consideration for the Issuer's direct acquisition from the Acquiror of 350 shares of Kainji Power Holding Ltd. ("KPHL") and 6,450,912 shares o...

 PRESS RELEASE

Reservoir Capital Corp. Completes Transaction to Triple its Indirect I...

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2019) - Reservoir Capital Corp. (CSE: REO) ("REO" or the "Company") is pleased to announce that it has completed its previously announced direct acquisition of shares of Kainji Power Holding Limited ("KPHL") and indirect increase in its economic interest in Mainstream Energy Solutions Limited ("MESL"), pursuant to the terms of a definitive share exchange agreement (the "Definitive Agreement") with KPHL and certain shareholders (the "Vendors") of MESL and KPHL, as previously announced on May 7, 2019 and April 16, 2019. The Transaction con...

 PRESS RELEASE

Reservoir Capital Corp. Announces Appointment of New CFO

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2019) - Reservoir Capital Corp. (CSE: REO) ("REO") is pleased to announce the appointment of Bill Tsang as Chief Financial Officer (CFO). Mr. Tsang is an experienced finance professional, working in the resource and energy sectors. Lewis Reford, Chief Executive Officer, said:"On behalf of the Board and the Company, I am delighted to see Bill promoted to the CFO role at Reservoir. Having served as our treasurer for a number of years, Bill will bring both experience and continuity as we continue to position Reservoir for the future. I also w...

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