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March 17, 2016 - Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the “Company” or “Gold Bullion”) announces a non-brokered private placement offering of 18,302,743 units at a price of $0.05 per unit for gross proceeds of $915,137. Each unit is comprised of one common share and one share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.10 per share, for a period of two years from closing, subject to the acceptance of the TSX Venture Exchange.

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