Granite Ridge Resources Announces Grey Rock Investment Partners' Affiliates Distributed 14M Granite Common Shares To Limited Partners Of Grey Rock Energy Fund III-A, Grey Rock Energy Fund III-B, Grey Rock Energy Fund III-B Holdings

Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that affiliates of Grey Rock Investment Partners ("Grey Rock") have distributed 14,000,000 shares of Granite Ridge common stock to the limited partners of Grey Rock Energy Fund III-A, LP, Grey Rock Energy Fund III-B, LP, and Grey Rock Energy Fund III-B Holdings, LP.