Reservoir Minerals Receives TSX-V Approval for Parlozi Option

Reservoir Minerals Inc. ("RMC" or the "Company") (TSX
VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE), is pleased to announce that, further
to its April 7, 2014 press release in which the Company announced it had entered
into a definitive agreement (the "Option Agreement") with Midlands Minerals
Corporation ("Midlands"); (TSX:MEX) that Midlands can earn up to a 75% interest
in RMC's Parlozi Zinc-Silver-Lead Project (the "Project") in Serbia (the
"Transaction"), Midlands and RMC have now received approval for the filing of
this transaction by the TSX Venture Exchange and has therefore met all of the
closing conditions. 


The joint technical committee is currently finalizing the work program and six
month budget which includes the completion of drill planning to meet the 1,500
metre minimum drill commitment, and $500,000 exploration spend under the Option
Agreement. Permitting for drilling is already in place.


Parlozi Project: 

The Project is a 91 square kilometre exploration permit and is conveniently
located 35 kilometres south of Belgrade, the capital of Serbia. The Parlozi
permit covers occurrences of historical lead-zinc-silver mining in the
Kosmaj-Babe area of the Sumadija mining district in central Serbia. The
mineralization in the permit area comprises silver-bearing vein and
replacement-type lead-zinc sulphides hosted by carbonate sedimentary rocks
associated with intrusive Neogene quartz latite dykes and volcanic breccias.
This type of mineralization has long supported lead-zinc-silver mining
operations in the region.


Qualified Person: 

Dr. Duncan Large, Chartered Engineer (UK) and Eur. Geol., a Qualified Person
under National Instrument 43-101 Standards of Disclosure for Mineral Projects of
the Canadian Securities Administrators and a consultant to the Company, approved
the technical disclosure in this release and has verified the data disclosed.


About the Company:

Reservoir Minerals Inc. is an international mineral exploration and development
company run by an experienced technical and management team, with a portfolio of
precious and base metal exploration properties in Europe and Africa. The Company
operates an exploration partnership business model to leverage its expertise
through to discovery.


Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization
of Canada accepts responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Reservoir Minerals Inc.
Chris MacIntyre
VP Corporate Development
+1.416.703.0010
[e-mail]
www.reservoirminerals.com