Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) announces that it has raised gross proceeds of $500,000 at a second and final closing of its previously-announced private placement by issuing 3,333,334 “flow-through” units at a price of $0.15 per unit. Gold Bullion issued the securities to “accredited investors” in Ontario.