Gold Bullion Development Corp. (the "Company", TSX.V: GBB) announces that it has granted incentive stock options to consultants to purchase an aggregate of 1,400,000 common shares in the capital of the Company, exercisable at a price of $0.47 per share for a period of five years, subject to regulatory approval. All options are subject to a four month hold period and are granted in accordance with the terms of the Company’s Stock Option Plan and the policies of the TSX Venture Exchange.