CALGARY, ALBERTA–(Marketwired – Feb. 16, 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 March 15, 2016 to shareholders of record on February 29, 2016 with an ex-dividend date of February 25, 2016. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes.
Michael Kabanuk
President & CEO
(587) 349-9123
Jonathan Fleming
E.V.P.
(587) 349-9118