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File: Granada news release Stock Options March 24, 2017.pdf







                                              
2875 Ave Granada
Rouyn Noranda, Quebec J9Y 1Y1
Tel : 819-797-4144 / Fax: 819-792-2306

                        Granada Gold Mine Grants Stock Options

March 24, 2017   Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the
"Company" or "Granada") announces that it has granted stock options to its directors, officers,
employeesandconsultantstopurchaseanaggregateof7,200,000commonsharesinthecapitalof
theCompany.Thestockoptionsareexercisableforatermoffiveyearsatanexercisepriceof$0.05
per share.  All stock options are granted in accordance with the terms of the Company's Stock
OptionPlanandthepoliciesoftheTSXVenture Exchangeandmaybesubjecttoaholdperiodof
fourmonthsandoneday

AboutGranadaGoldMineInc.

GranadaGoldMineInc.(formerlyGoldBullionDevelopmentCorp.)isdevelopingtheGranadaGold
PropertynearRouynNoranda,Quebec.ThepropertyincludestheformerGranadagoldminewhich
produced more than 50,000 ounces of gold in the 1930s before a fire destroyed the surface
buildings. The highly prolific Cadillac Trend cuts through the north part of the property. The
Cadillac Trend has been the source of more than 50 million ounces of gold produced in the past
centuryonalinerunningfromVald'OrtoRouynNoranda.

TheCompanyhasobtainedallnecessarypermitsfortheinitialminingphaseknownasthe"Rolling
Start"forwhichstrippinghasalreadybegun,andhasbeenconductingexplorationdrillinginorder
to expand the reported mineral resource for the property. Additional information is available at
www.granadagoldmine.com.

"FrankJ.Basa"

FrankJ.BasaP.Eng.
PresidentandChiefExecutiveOfficer

Forfurtherinformation,pleasecontact:
FrankJ.Basa,P.Eng.,PresidentandCEOat18197974144or
WayneCheveldayoff,InvestorRelations,at4167102410orwaynecheveldayoff@gmail.com
 
NeithertheTSXVentureExchangenoritsRegulationServiceProvider(asthattermisdefinedinthepoliciesoftheTSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain
forwardlookingstatementsincludingbutnotlimitedtocommentsregardingthetimingandcontentofupcomingwork
programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward
lookingstatementsaddressfutureeventsandconditionsandtherefore,involveinherentrisksanduncertainties.Actual
resultsmaydiffermateriallyfromthosecurrentlyanticipatedinsuchstatements.