September 15, 2015 – Gold Bullion Development Corp. (TSX:V: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) is pleased to announce the closing of the transaction with Takara Resources Inc. (TSX.V: TKK) (“Takara”) to acquire certain properties of Gold Bullion as per the press releases dated April 13th and May 4th, 2015. The subject properties located in Ontario have now been transferred to Takara through the acquisition by Takara of Gold Bullion’s wholly owned subsidiary, Castle Silver Mines Inc. (“CSM”). CSM owns a 100% interest in the 3,300-hectare Castle Silver Mine property, a past silver producer located near the northern Ontario community of Gowganda, 85 kilometres northwest of the historic Cobalt silver mining camp.