Vancouver, British Columbia--(Newsfile Corp. - March 28, 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 a final 2018 dividend of ~ US$325,000 from its investment in Mainstream Energy Solutions Limited ("MESL"), following the receipt of an earlier US$219,639 interim 2018 dividend (see news release dated January 16, 2019).
KPHL holds a ~ 2 percent interest in MESL, concessionaire of two leading Nigerian hydro power plants with an operating capacity of 922MW. Through its interest in KPHL, REO has approximately 12MW of net ownership in MESL assets.
About Reservoir Capital Corp.
REO's Vision & Mission is to assemble a portfolio of producing or 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 their investors diversification, liquidity and exposure to a growing portfolio 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
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 (www.sedar.com). 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: ceo@reservoircap.team
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 https://www.newsfilecorp.com/release/43720
