Gold Bullion Announces Results of 2015 Annual General Meeting

2875 Ave Granada Rouyn Noranda, Québec J9Y 1J1 Tel: 819-797-4144 / Fax: 819-762-2306 GoldBullionDevelopmentCorp.com

GOLD BULLION ANNOUNCES RESULTS OF 2015 ANNUAL GENERAL MEETING March 30, 2015 - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the “Company” or “Gold Bullion”) announces that the 2015 Annual General Meeting of Shareholders (the “Meeting”) was held on Friday, March 27, 2015 at which all resolutions were approved. The resolutions passed at the Meeting include the following:

1. The number of directors of the Company for the pursuing year was set at four (4).

2. The following individuals were re-elected directors of the Company: Frank J. Basa, Roger Thomas, Jacques F. Monette and Annemette Jorgensen.

3. McGovern, Hurley, Cunningham, Chartered Accountants, were re-appointed as auditors of the Company.

4. Continuation of the Company’s 10% rolling share option plan was ratified and approved.

The Board of Directors appointed the following officers of the Company for the ensuing year: Frank J. Basa: Chairman, President and Chief Executive Officer Thomas P. Devlin: Chief Financial Officer Roger Thomas: Secretary Frank J. Basa, Jacques F. Monette and Annemette Jorgensen were appointed members of the Audit Committee for the ensuing year with Mr. Basa as Chairman.

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 its Granada Property near Rouyn-Noranda, Québec, and its high-grade Castle Silver Mine in Gowganda, Ontario. Additional information on the Company’s properties is available by visiting the web site at GoldBullionDevelopmentCorp.com and on SEDAR.com.

“Frank J. Basa”

Frank J. Basa, P.Eng.

President and Chief Executive Officer

For further information contact:

Frank J. Basa, P. Eng., President and CEO at 1-819-797-4144.

Neither the TSX Venture Exchange nor its Regulation Service 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. Forwardlooking 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.