Gold Bullion Development Corp. (GBB, TSX.V) (the "Company" or "Gold Bullion") announces that it held its 2010 Annual General and Special Meeting of Shareholders (the "Meeting") on Friday, March 19, 2010, at which Meeting the following individuals were re-elected directors of the Company: Frank J. Basa, Roger Thomas, Jacques F. Monette, and D. G. Leonard Johnson. Shareholders also approved the re-appointment of Bratt Fremeth Star, S.E.N.C., as auditors of the Company and continuation of the Company's 10% rolling stock option plan.