Granite Creek Closes $250,000 Non-Brokered Private Placement

Granite Creek Gold Ltd. (TSX VENTURE:GCX)(the "Company") is pleased to announce
that it has closed the previously announced non-brokered private placement of
5,000,000 units at a price of $0.05 per unit for proceeds totalling $250,000.
Each unit consists of one common share and one half of a transferrable common
share purchase warrant. Each full common share purchase warrant will be
exercisable for one common share of the Company's capital stock for a period of
eighteen months from the date of issue at an exercise price of $0.07. The
Company received TSX Venture Exchange ("TSXV") approval for the private
placement on April 22, 2014. The Company will pay finder's fees and issue
finder's warrants in connection with a portion of the private placement. The net
proceeds from the placement will be used by the Company for operations, investor
relations and general working capital purposes. All shares, warrants and any
shares issued upon exercise of warrants are subject to a hold period and may not
be traded in British Columbia until four months and one day from the date of
issue, except as permitted by the applicable Securities Acts and the Rules made
thereunder and the TSXV.


The Company is also pleased to announce that it has retained FronTier Merchant
Capital Group ("FronTier") for Investor Relations Services. FronTier is an
experienced and reputable Investor Relations group with a home office in
Toronto, Canada. FronTier will assist the Company by increasing market awareness
utilizing a number of financial market communications initiatives. The core of
which will be facilitating in-person introductions for the Company with
institutional and retail brokers and investors in a number of cities across
Canada, the US, Europe and Australasia.


FronTier has been retained for a 12 month period, commencing April 22, 2014 at
$5,000 per month plus direct expenses. The Agreement may only be terminated
after 6 months from commencement by either party on 30 days advance written
notice. 


Frontier and its principal(s) have purchased 1,600,000 units in this private
placement.


The Company has agreed, subject to TSXV approval, to grant FronTier stock
options for the purchase of up to 250,000 common shares of the Company's capital
stock for a period of five years at a price of $0.10 per share in accordance
with the Company's Stock Option Plan and to vest according to TSXV policy. 


About Granite Creek Gold

Granite Creek is a Vancouver based exploration company in the business of
acquiring and carrying out exploration on mineral properties, especially those
with precious metals potential, with the goal of establishing a mineable mineral
resource. Granite Creek's Canadian projects consist of the
gold/copper/molybdenum Taseko Property, 225 km north of Vancouver, BC, on which
it has an option to acquire a 70% interest; the 100% owned 654 ha Railway
Property, a copper project in the highly prospective Stikine arch area of
northwestern BC; and the 5611 ha Troitsa Property, a
copper/molybdenum/gold/silver property located in central BC, on which it has an
option to acquire a 100% interest. The Company also has an option to acquire a
100% interest in the 75 sq km Darsalam gold concession in Mali, West Africa.


This news release includes certain forward-looking statements or information.
All statements other than statements of historical fact included in this
release, including, without limitation, statements relating to regulatory
approvals, exploration programs, and other future plans, objectives or
expectations of the Company are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's plans or
expectations include the Company's ability to obtain regulatory approval and to
complete its exploration programs on schedule and other risks detailed herein
and from time to time in the filings made by the Company with securities
regulators. The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new
information, future events or otherwise except as otherwise required by
applicable securities legislation.


Neither the 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: 
Granite Creek Gold Ltd.
Timothy Johnson
President
604-569-2430
info@granitecreekgold.com
Granite Creek Copper (TSXV:GCX)
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