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Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) wishes to announce a non-brokered private placement to raise up to $1,000,000 through the sale of up to 14,285,714 “flow-through” units (“Units”) of the Company at $0.07 per Unit (the “Private Placement”). Each Unit will consist of one flow-through common share and one-half of a non-transferable non-flow-through share purchase warrant, each whole warrant entitling the holder to purchase one non-flow-through common share in the capital of the Company at a purchase price of $0.10 per share for a period of eighteen months after the closing date.