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August 21, 2014 – Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) announces that as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. The Company’s previous disclosure on its website (video, slides and corporate presentations) included information relating to the Granada Gold Property that may be misleading or contrary to the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") as follows:

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