Gold Bullion Development Corp. Grants Stock Options
Corporate Address 1868 King George Highway, South Surrey, BC, V4A 5A1 Phone: 604-306-8854 Fax 604-535-4454
PRESS RELEASE
GOLD BULLION DEVELOPMENT CORP. GRANTS STOCK OPTIONS
January 5, 2011 - Gold Bullion Development Corp. (the “Company”; TSX-V: GBB) announces that it has granted incentive stock options to consultants to purchase an aggregate of 1,200,000 common shares in the capital of the Company, exercisable at a price of $0.65 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.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of mineral properties, all of which are located in Canada. The Company is currently focused on the advancement of its Granada Gold Mine Property in Rouyn-Noranda, Quebec and Castle Silver Mine Property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB), visit our website http://www.goldbulliondevelopmentcorp.com.
Frank J. Basa President and Chief Executive Officer
For further information contact:
Frank J. Basa, P.Eng., President and CEO: 1-416-625-2342
Roger Thomas, Director: 1-613-292-2438
Progressive Investor Relations (Canada)
Tel (604) 689-2881 or email [email protected]
Torrey Hills Capital (United States)
Tel (858) 456-7300
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.