Granite Oil Corp. Announces Monthly Dividend for October, 2017

<p align="justify">CALGARY, Alberta, Oct. 12, 2017 (GLOBE NEWSWIRE) -- <strong>Granite Oil Corp. </strong>(“<strong>Granite</strong>”) (TSX:GXO) (OTCQX:GXOCF) will pay a dividend of 3.5 cents per common share in cash on November 15, 2017, to shareholders of record on October 31, 2017. This dividend has been designated as an eligible dividend for Canadian income tax purposes.<br /></p>

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