Graniz's Graphite Deposit: 4.1 Million Tonnes at 6.2 % Graphite

Graniz Mondal Inc. (TSX VENTURE:GRA.H) is pleased to announce that the authors
of the September 24 2013 Technical Report (NI 43 101 compliant) consider that
the current inferred resources of Mousseau West deposit are 4.1 million tonnes
with a grade of 6.2 % Gp including 2.7 million tonnes (A Blocks) that are
considered to have reached a high level of definition and do not need additional
drilling. The B Blocks could come at the same level of confidence than the A
Blocks with a small drilling program. With positive results from B Blocks, the
resources would immediately qualified as indicated resources. The following
total is noteworthy : 3,696,500 tonnes at 6.28 % Gp (A Blocks +B Blocks).


Among other NI 43-101 compliant observations (Filed on SEDAR) related to the
deposit, the independent geologists mention that:


- Milling tests performed on the mineralization suggest that a significant
portion of large graphite flakes can be recovered.


- Mineralization is similar to TIMCAL's Lac-des-Iles graphite mine, which
entered production in 1989 and is still in operation. This indicates high
confidence in the possibility of mining, milling and concentrating this graphite
mineralization into a final graphite product suitable for consumers.


- Morphology of the deposit as suggested by the authors is very suitable for
open pit mining, with a low waste-to-ore stripping ratio.


- A large part of the EM conductive zone to which Mousseau West belongs remains
unexplored.


In opinion of authors, Alain Tremblay and Yvan Bussieres (Qualified Persons),
the NI 43-101 compliant Inferred resources of the Mousseau West property could
quickly be upgraded to NI 43-101 compliant Indicated resources by carrying out
minimal exploration work.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Berthe Lambert CEO
Graniz Mondal Inc.
418-564-8834