CALGARY, Alberta, Nov. 22, 2018 (GLOBE NEWSWIRE) — Granite Oil Corp. (“Granite”) (TSX:GXO; OTCQX:GXOCF) will pay a dividend of $0.01 per common share in cash on December 14, 2018, to shareholders of record on November 30, 2018. This dividend has been designated as an eligible dividend for Canadian income tax purposes.

For further information, please contact Michael Kabanuk, President & CEO by telephone at (587) 349-9123, Devon Griffiths, COO, by telephone at (587) 349-9120, or Tyler Klatt, V.P. Exploration, by telephone at (587) 349-9125.