June 27, 2016 - Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the “Company” or Gold Bullion”) announces a non-brokered private placement offering of 2,000,000 flow throughunits (“FT Units”) at a price of $0.10 per FT Unit for gross proceeds of $200,000. Each FT Unit is comprised of one flow-through common share of the Company and one half of one non-transferable share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.15 per share, for a period of two years from closing, subject to the acceptance of the TSX Venture Exchange.