Latest Reservoir Capital Corp. (RSERF) Headlines
Reservoir Capital Corp.: Brodarevo Project Update and Share Consolidation Proposal
Marketwire - Mon Jan 20, 3:19PM CST
Reservoir Capital Corp. (TSX VENTURE: REO) (FRANKFURT: ROC) (BERLIN: ROC) ("Reservoir" or the "Company") is at an advanced stage of permitting for its Brodarevo Hydroelectric Project in Serbia, for which a positive Feasibility Study was completed in 2012 and Environmental Permits granted in 2013. The Company now awaits a decision from the Government of Serbia with regard to use of the government owned land affected by the project in order to complete applications for construction permits. The longer than expected timelines for approvals in Serbia and uncertainties around the Bilateral Agreement on renewable energy exports between Serbia and Italy have meant that the Company has been unable to advance its negotiations for project finance in a timely fashion. The Company is now obliged to raise additional equity capital in order to complete the permitting and project finance for Brodarevo and to secure and advance its other renewable energy licenses and concessions in the region.
Lower Shabelle Administration Vows to Eradicate Illegal Roadblocks
by Sh M Network - All Africa Global Media - Thu Jan 16, 6:30AM CST
The commissioner of Marka town in lower Shabelle province Mohamed Osman Ali Yarisow who spoke with Radio Shabelle in Mogadishu says that his Administration is committed ensuring security of different villages in Marka as well as he vowed to remove all illegal roadblocks in the region, Shaballe radio reports
Former Credit Suisse Director of Alternative Investments Joins Lowenstein Sandler
PR Newswire - Mon Oct 21, 7:00AM CDT
Lowenstein Sandler LLP announced that Edward S. Nadel is joining its Investment Management Group as Senior Counsel. Mr. Nadel was previously General Counsel and Chief Compliance Officer at Star Mountain Capital, LLC, and, prior to that, was the Director of Alternative Investments at Credit Suisse. At Lowenstein Sandler, he will counsel clients on fund formation and structuring, fund transactions, and regulatory and compliance matters.
Reservoir Renews and Enlarges its Vranjska Banja Geothermal License
Marketwire - Tue Sep 17, 6:02AM CDT
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to report that the Ministry of Natural Resources, Mining and Spatial Planning, of the Republic of Serbia has renewed the Company's Vranjska Banja geothermal exploration license in southern Serbia for an additional 3-year period to August 16, 2016. The license now also covers the geothermal wells VG-2 and VG-3 that were within an exploitation license that expired over the previous period and which has now been incorporated into Reservoir's license area.
Reservoir Capital Corp.: Environmental Permits Granted for the Brodarevo Hydroelectic Project in Serbia
Marketwire - Wed Jun 26, 3:06PM CDT
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to announce that the Ministry of Energy, Development and Environment of the Republic of Serbia ("the Ministry"), has approved the Company's Environmental Impact Assessment ("EIA") for the Brodarevo 1 and Brodarevo 2 hydroelectric projects ("HPP") on the River Lim in southern Serbia.
Reservoir Capital Corp.: Concession Contract Completed for Cehotina Hydroelectic Project in Bosnia
Marketwire - Tue May 21, 3:06PM CDT
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to report that it has posted bank guarantees and signed a Concession Contract with the Government of the Republika Srpska (an autonomous region of Bosnia and Herzegovina) for the 30-year concession to develop and build three run-of-river hydroelectric power projects ("HPP") on the Cehotina River. The three projects have a combined capacity of 17.76 megawatts ("MW") and a projected output of 69.61 gigawatt hours per annum (see Company news release of January 16th, 2013 for details).
Reservoir Capital Corp.: Completion of Final Tranche of Private Placement
Marketwire - Tue Feb 05, 3:06PM CST
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Reservoir Granted Concessions for 18 MW Cehotina Hydroelectric Project in Bosnia
Marketwire - Wed Jan 16, 6:31AM CST
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to report that the Government of the Republika Srpska (an autonomous region of Bosnia and Herzegovina) has granted 30-year concessions to the Company's wholly owned subsidiary REV d.o.o. Foca ("REV"), to develop and build three run-of-river hydroelectric power projects ("HPP") on the Cehotina River. The three projects have a combined capacity of 17.76 megawatts ("MW") and an projected output of 69.61 gigawatt hours per annum ("GWh/yr").
Reservoir Capital Corp.: Brodarevo Project Update and Share Consolidation Proposal
Marketwire - Mon Jan 20, 3:19PM CST
Reservoir Capital Corp. (TSX VENTURE: REO) (FRANKFURT: ROC) (BERLIN: ROC) ("Reservoir" or the "Company") is at an advanced stage of permitting for its Brodarevo Hydroelectric Project in Serbia, for which a positive Feasibility Study was completed in 2012 and Environmental Permits granted in 2013. The Company now awaits a decision from the Government of Serbia with regard to use of the government owned land affected by the project in order to complete applications for construction permits. The longer than expected timelines for approvals in Serbia and uncertainties around the Bilateral Agreement on renewable energy exports between Serbia and Italy have meant that the Company has been unable to advance its negotiations for project finance in a timely fashion. The Company is now obliged to raise additional equity capital in order to complete the permitting and project finance for Brodarevo and to secure and advance its other renewable energy licenses and concessions in the region.
Lower Shabelle Administration Vows to Eradicate Illegal Roadblocks
by Sh M Network - All Africa Global Media - Thu Jan 16, 6:30AM CST
The commissioner of Marka town in lower Shabelle province Mohamed Osman Ali Yarisow who spoke with Radio Shabelle in Mogadishu says that his Administration is committed ensuring security of different villages in Marka as well as he vowed to remove all illegal roadblocks in the region, Shaballe radio reports
Former Credit Suisse Director of Alternative Investments Joins Lowenstein Sandler
PR Newswire - Mon Oct 21, 7:00AM CDT
Lowenstein Sandler LLP announced that Edward S. Nadel is joining its Investment Management Group as Senior Counsel. Mr. Nadel was previously General Counsel and Chief Compliance Officer at Star Mountain Capital, LLC, and, prior to that, was the Director of Alternative Investments at Credit Suisse. At Lowenstein Sandler, he will counsel clients on fund formation and structuring, fund transactions, and regulatory and compliance matters.
Reservoir Renews and Enlarges its Vranjska Banja Geothermal License
Marketwire - Tue Sep 17, 6:02AM CDT
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to report that the Ministry of Natural Resources, Mining and Spatial Planning, of the Republic of Serbia has renewed the Company's Vranjska Banja geothermal exploration license in southern Serbia for an additional 3-year period to August 16, 2016. The license now also covers the geothermal wells VG-2 and VG-3 that were within an exploitation license that expired over the previous period and which has now been incorporated into Reservoir's license area.
Reservoir Capital Corp.: Environmental Permits Granted for the Brodarevo Hydroelectic Project in Serbia
Marketwire - Wed Jun 26, 3:06PM CDT
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to announce that the Ministry of Energy, Development and Environment of the Republic of Serbia ("the Ministry"), has approved the Company's Environmental Impact Assessment ("EIA") for the Brodarevo 1 and Brodarevo 2 hydroelectric projects ("HPP") on the River Lim in southern Serbia.
Reservoir Capital Corp.: Concession Contract Completed for Cehotina Hydroelectic Project in Bosnia
Marketwire - Tue May 21, 3:06PM CDT
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to report that it has posted bank guarantees and signed a Concession Contract with the Government of the Republika Srpska (an autonomous region of Bosnia and Herzegovina) for the 30-year concession to develop and build three run-of-river hydroelectric power projects ("HPP") on the Cehotina River. The three projects have a combined capacity of 17.76 megawatts ("MW") and a projected output of 69.61 gigawatt hours per annum (see Company news release of January 16th, 2013 for details).
Reservoir Capital Corp.: Completion of Final Tranche of Private Placement
Marketwire - Tue Feb 05, 3:06PM CST
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Reservoir Granted Concessions for 18 MW Cehotina Hydroelectric Project in Bosnia
Marketwire - Wed Jan 16, 6:31AM CST
Reservoir Capital Corp. (TSX VENTURE: REO)(FRANKFURT: ROC)(BERLIN: ROC) ("Reservoir" or the "Company") is pleased to report that the Government of the Republika Srpska (an autonomous region of Bosnia and Herzegovina) has granted 30-year concessions to the Company's wholly owned subsidiary REV d.o.o. Foca ("REV"), to develop and build three run-of-river hydroelectric power projects ("HPP") on the Cehotina River. The three projects have a combined capacity of 17.76 megawatts ("MW") and an projected output of 69.61 gigawatt hours per annum ("GWh/yr").
