September 9, 2015 – Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) wishes to clarify the terms of shareholder loans announced in its press release dated August 7th, 2015. The lenders’ option to have the loans and/or interest be paid in gold may only be exercised on or after expiry of the initial three-year term. Should a lender exercise the demand option for repayment prior to the initial three-year term payment shall be in cash and not in gold even if the Company has commenced commercial production at that time. All other terms of the agreements remain unchanged.