Granite Oil Corp. Announces Monthly Dividend for April, 2017

FOR: GRANITE OIL CORP.
TSX SYMBOL: GXO
OTCQX SYMBOL: GXOCF

Date issue: April 17, 2017
Time in: 1:39 PM e

Attention:

CALGARY, ALBERTA--(Marketwired - April 17, 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 May 15, 2017 to shareholders of record on April 28, 2017. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.

- END RELEASE - 17/04/2017

For further information:
Granite Oil Corp.
Michael Kabanuk
President & CEO
(587) 349-9123

COMPANY:
FOR: GRANITE OIL CORP.
TSX SYMBOL: GXO
OTCQX SYMBOL: GXOCF

INDUSTRY: Energy and Utilities - Oil and Gas
RELEASE ID: 20170417CC0031

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