Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the “Company” or “Gold Bullion”) announces that it has granted incentive stock options to consultants to purchase an aggregate of 300,000 common shares in the capital of the Company, exercisable at $0.10 per share, of which 150,000 are exercisable for a period of five years and 150,000 are exercisable for a period of one year. In addition the Company has also granted incentive stock options to purchase 600,000 common shares in the capital of the Company, exercisable at $0.10 per share for a period of five years, to EuroSwiss Capital Partners, Inc., a consultant who provides investor relations services to the Company, which options will be subject to the vesting provisions of the TSX Venture Exchange.