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Granite Oil Corp. Announces Monthly Dividend for February, 2017

/ -- CALGARY, ALBERTA--(Marketwired - Feb 15, 2017) - 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 March 15, 2017 to shareholders of record on February 28, 2017 with an ex-dividend date of February 24, 2017. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

Granite Oil Corp.
Michael Kabanuk
President & CEO
(587) 349-9123

Distribution channels: Energy Industry