Graniz Mondal Inc. ("Graniz")(NEX:GRA.H) announces that it has entered into
amending agreement (the "Amending Agreement") with respect to the option
agreement ("Original Agreement") that it entered into on June 30, 2011 with
Nightstar Resources Inc. ("Nightstar"). 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:

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Date                               Cash Amount                             
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June 30, 2012                      $200,000                                
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June 30, 2013                      $200,000                                
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June 30, 2014                      $300,000                                
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b.  complete an equity financing of $1,000,000 by December 15, 2011; 
c.  graduate to Tier 2 of the TSX Venture Exchange by December 15, 2011; and
d.  acquire additional mining claims in Canada by December 15, 2011.



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

Graniz also announces that on September 6, 2011 Michel Lusignan was appointed as
a director of Graniz. Mr. Lusignan is a business lawyer and has been a member of
the Quebec Bar since 1982. He has acted as Secretary of and Legal Counsel to
Graniz since July 2001 and has been involved with numerous public mining
companies since 1996. 


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.