Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) announces that it will make an application to the TSX Venture Exchange to amend 4,713,693 share purchase warrants by extending the expiry date of the warrants by three months from April 5, 2012 to July 5, 2012. All other terms and conditions remain constant.