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Granite Oil Corp. Announces Monthly Dividend for October 2016

/EINPresswire.com/ -- CALGARY, ALBERTA--(Marketwired - Oct 14, 2016) - GRANITE OIL CORP. ("Granite") (TSX:GXO) (OTCQX:GXOCF) is pleased to announce that a dividend of $0.035 per common share will be paid in cash on November 15, 2016 to shareholders of record on October 31, 2016 with an ex-dividend date of October 27, 2016. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

Michael Kabanuk
President & CEO
(587) 349-9123
Jonathan Fleming
E.V.P.
(587) 349-9118

Distribution channels: Energy