April 13, 2015 – Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) is pleased to announce that, further to the Company’s press release of March 11, 2015, Gold Bullion and Takara Resources Inc. (“Takara”) (TSX.V: TKK) have entered into a definitive purchase and sale agreement (the “Agreement”) for Takara to acquire certain properties of Gold Bullion situated in Ontario, through the acquisition of Gold Bullion’s wholly-owned subsidiary, Castle Silver Mines Inc. (“CSM”)(the “Transaction”). CSM currently owns a 100% interest in the 3,300-hectare Castle Silver Mine property, a past producer located near the northern Ontario community of Gowganda and 85km northwest of the historic Cobalt silver mining camp.