Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) announces that Ken Hight, a director of Castle Silver Mines Inc., a wholly owned subsidiary of Gold Bullion, has resigned from the Board to pursue other interests. Mr. Hight served on the Board of Directors since 2011. The Company thanks Mr. Hight for his time and service and wishes him well in his future endeavours.