GOLD BULLION DEVELOPMENT (TSX-V: GBB) APPOINTS NEW TRANSFER AGENT

Vancouver - December 22, 2010 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSX-V: GBB) (the "Company" or "Gold Bullion") is pleased to announce that effective December 16, 2010 the Company has changed its transfer agent from CIBC Mellon Trust Company to Computershare.

With offices in Australia, England, Ireland, Scotland, Germany, South Africa and the United States, over the past five years Computershare has become a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. Computershare also specializes in corporate trust services, tax voucher solutions, bankruptcy administration and a range of other diversified financial and governance services.
As a growing company with an expanding shareholder base, Gold Bullion looks forward to the range of outstanding services that Computershare will be able to provide.
From this date forward, all inquiries and correspondence relating to shareholder records, transfer of shares, lost certificates, or change of address should be directed to Computershare via the following information:
Computershare
3rd Floor, 510 Burrard Street
Vancouver, British Columbia
Canada V6C 3B9
Relationship Manager, Client Services
Bernadette Villarica
Email: Bernadette.villarica@computershare.com
Telephone: 604 661 9488
Facsimile: 604 661 9401
Internet: www.computershare.com
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 the Castle Silver Mine Property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com.
Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
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. 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.

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