VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 14, 2011) - Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) ("Reservoir" or the "Company") and Reservoir Minerals Inc. ("Minerals") are pleased to announce the closing of their previously announced arrangement (the "Arrangement"), under which Reservoir has spun-out certain Serbian mineral exploration permits to Minerals by means of a plan of arrangement pursuant to the Business Corporations Act (British Columbia) (the "Spin-out Transaction").