Granite Oil Corp. Announces Monthly Dividend for January

CALGARY, ALBERTA--(Marketwired - Jan. 18, 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 February 15, 2016 to shareholders of record on January 31, 2016 with an ex-dividend date of January 27, 2016. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.