Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the “Company” or “Gold Bullion”) announces that, as previously disclosed in the July 29, 2013 press release, the Company will issue options to the Matachewan First Nations to purchase 50,000 common shares in the capital of the Company, exercisable at $0.10 per share for a period of five years. All securities issued under the Memorandum of Understanding will be subject to a hold period of four months and one day. As the original agreement with the Matachewan Band was signed back in 2011, in order to fulfill the terms of the agreement that stated both the 50,000 shares and 50,000 options were to be issued within 18 months of that time, it is the intention of the Company to issue the 50,000 shares and 50,000 options forthwith upon receipt of Exchange approval.