Stock Options Granted

Corporate Address:

1868 King George Highway, South Surrey, BC, V4A 5A1 Phone: 604-306-8854 / Fax 604-535-4454

NEWS RELEASE

STOCK OPTIONS GRANTED

March 4, 2010 - Gold Bullion Development Corp. (the "Company", TSX.V: GBB) announces the grant of incentive stock options to a consultant of the Company to purchase up to 200,000 common shares, exercisable at a price of $0.15 per share for a period of five years, subject to regulatory approval. The options are granted in accordance with the Company’s Stock Option Plan.

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”

Frank J. Basa, P.Eng.

President and Chief Executive Officer

For further information contact:

Frank J Basa P.Eng., President & CEO, 1-416-625-2342 Roger Thomas, Director, 1-613-292-2438

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.