GRA.H

Graniz Mondal Inc. ("Graniz") (NEX:GRA.H) announces that it has entered into
second amending agreement (the "Amending Agreement") with Nightstar Resources
Inc. ("Nightstar") with respect to the option agreement that it entered into
with Nightstar on June 30, 2011, as amended on September 27, 2011 (the "Original
Agreement"). Pursuant to the Original Agreement, Nightstar granted to Graniz the
option (the "Option") to acquire a 60% undivided interest in a property owned by
Nightstar in LaRonge, Saskatchewan (the "Property").  


The Amending Agreement provides that in order to exercise the Option and acquire
the 60% interest in the Property, Graniz must make the following payments and
complete all of the following transactions:




a.  pay to Nightstar the following cash amounts, on and not before the
    following dates:

                 -----------------------------------------
                 Date                          Cash Amount
                 -----------------------------------------
                                                          
                 -----------------------------------------
                 June 30, 2012                    $200,000
                 -----------------------------------------
                 June 30, 2013                    $200,000
                 -----------------------------------------
                 June 30, 2014                    $300,000
                 -----------------------------------------

b.  complete an equity financing of $1,000,000 by March 15, 2012; 
    
    
c.  graduate to Tier 2 of the TSX Venture Exchange by March 15, 2012; and 
    
    
d.  acquire additional mining claims in Canada by March 15, 2012.
    



Except for the amendments referred to above, all provisions of the Original
Agreement remain in full force and effect.  


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) has passed upon the
merits of the Original Agreement, Amending Agreement or any transaction
contemplated thereby nor accepts responsibility for the adequacy or accuracy of
this release. No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained herein. The
foregoing information may contain forward-looking statements relating to the
future performance of Graniz Mondal Inc. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially from Graniz's plans
and expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the filings made by Graniz with the TSX
Venture Exchange/NEX and securities regulators. Graniz does not assume any
obligation to update or revise its forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
law.

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