Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the “Company” or “Gold Bullion”) is pleased to announce the opening of a new head office in Montreal, Quebec effective immediately. The new office is located at Suite 1005, 1155 Rene Levesque St. W., Montreal, Quebec H3B 2J2.

The Company also announces that it will make an application to the TSX Venture Exchange to reduce the exercise price of an aggregate of 7,824,073 share purchase warrants to $0.58 per share. All other terms and conditions remain constant.