Corporate Presentation October 2015

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1 TSX.V: GBB OTC PK: GBBFF THE GRANADA GOLD PROPERTY IN ROUYN - NORANDA QUEBEC a Corporate Presentation October 2015 GoldBullionDevelopmentCorp.com

2 A Compelling Value Proposition High-grade rolling start mining plan with 25 of 26 permits in place IAMGOLD Westwood facility agreement to process ore All in cash costs below $800 U.S from PFS 2014 Longer term plan to produce 100,000 ounces per year Frank Basa highly experienced metallurgist on the Cadillac Trend Superior Quebec location with advanced infrastructure M&I 1.59M 0.93 g/t Au in 56.8M tonnes and Inferred 1.55M 0.99 g/t Au in 51.2M tonnes (0.30 g/t cutoff) Open pit and underground high-grade mining scenarios in play Only 20% of LONG Bars zone explored, open in multiple directions Management continues to grow resource into production Supportive local First Nations Environmentally pro-active

3 PRIME LOCATION ON THE PROLIFIC CADILLAC TREND The Best Area Friendly, safe jurisdiction Easy access, infrastructure Highly prospective geology 50+ Million Oz Au Produced Rouyn-Noranda to Val-d Or

4 52 Week high and low is SHARE STRUCTURE Share Price: $0.035 Market Cap: $10 million O/S: 308,890,591 Fully Diluted: 362,923, WEEK HIGH AND LOW $ $0.015

5 GRANADA GOLD PROPERTY M&I of 13,157,000 t with grade of 2.21 g/t and 934,000 oz. and Inferred of 8,600,000 t with grade of 2.23 g/t and 617,000 oz. (resource estimate November 15th, 2012) 60 sq. km Granada Property is Wide Open for Expansion, * High-Grade Starter Pit Averaging 4.24 g/t Au LONG Bars Zone 3.5km Strike Length Released by GBB May 6,2014. Based on proven reserves of 170, g/t Au and probable reserves of 398, g/t Au at a cut-off of 1.69 g/t, with an ore mining rate of approx. 550 t per day.

6 Granada Resource Update Resource Class grams/tonne Au Tonnes Ounces Ounces/ton Measured ,357, , Indicated ,488, , Indicated+Measured ,845,000 1,587, inferred ,519,000 1,551, Mineral From Press Release May 26, 2015 Resources are not Mineral Reserves Cut off of 0.30 g/t (Base Case)

7 SENSITIVITY ANALYSIS GBB s Planned High-Grade Rolling Production Granada (Phase I) 3-Year High-Grade Rolling Start PFS Base Case Highlights * Total Revenue CAPEX (Pre-Production) Sustaining CAPEX OPEX Royalties Paid Undiscounted Benefits NPV (6% Discount) Pre-Tax IRR Payback Period $102,700,000 $6,700,000 $2,900,000 $65,100,000 $3,100,000 $28,400,000 $24,700, % 6 months Granada (Phase I) 3-Year High-Grade Rolling Start PFS Base Case Highlights * Undiscounted Benefits NPV (6% Discount) After-Tax IRR Payback Period Estimated Gold Price Estimated Exchange Rate Estimated Fuel Cost $22,700,000 $19,500, % 8 months $1,400 CDN $0.80 $1.30/litre * Released by GBB May 6, Based on proven reserves of 170, g/t Au and probable reserves of 399, g/t Au at a cut-off of 1.69 g/t, with an ore mining rate of approx.550 tpd.

8 HOW GRANADA CAN GROW 80% of LONG Bars Zone remains untested Data from over 400 historical drill holes (pre-gbb) not included in Nov resource estimate East West

9 ROLLING START PIT INITIAL LAYOUT

10 GBB 2015 NEAR-TERM GAME PLAN Immediately begin to unlock shareholder value as a Near-Term Producer with robust economics and a growing resource in an improved market for gold stocks Obtain final permit (Certificate of Authorization from Quebec s MDDELCC) and necessary financing to commence the low capital cost, low risk, high-grade rolling start production Initiate drill program to expand existing resource Frank Basa at drill hole in promising area immediately west of the high-grade Starter Pit

11 GRANADA CONCEPTUAL LONG-TERM PLAN

12 MATTHEW HALLIDAY (SGS GEOSTAT) IN THE GRANADA CORE SHACK DRILL CORE STORED AT GRANAD A MINE SITE OUTCROPPING IN NORTHEASTERN PART OF LONG BARS ZONE TYPICAL ROCK ALTERATION CLAUDE DUPLESSIS, P.ENG., GOLDMINES GEOSERVICES INC., GBB'S GRANADA CONSULTANT

13 GOLD BULLION KEY PEOPLE Frank J. Basa, P.Eng President, CEO & Chairman With three decades of global experience in gold mining, exploration and development, Mr. Basa is a registered professional hydrometallurgical engineer who possesses expertise in milling, gravity concentration, flotation, leaching and refinement of both precious and base metals. Roger Thomas Director & Secretary Mr. Thomas s career spanned 30-years as a successful broker in the investment industry and has been with Gold Bullion since Thomas Devlin Chief Financial Officer Mr. Devlin has over 40 years of accounting and management experience in the investment and junior resource industries, and has been Gold Bullion s CFO since Jacques F. Monette - Director Mr. Monette has a distinguished career in the mining industry including four decades covering every aspect of underground mining operations. Annemette Jorgensen Director Ms. Jorgensen raised several millions of dollars through the financial community and their clients for Samoth Capital Corporation and increased shareholder returns on investment. With two decades of finance, media, marketing and investor relations expertise, Ms. Jorgensen has been head of Corporate Development with Gold Bullion since SGS Canada Inc. Geological, Environmental & Engineering Consultant A global leader and innovator, SGS Canada Inc. s expertise in mining places it at the forefront of the industry with an extensive range of services to meet the challenges of this dynamic sector. GoldMinds Geoservices Inc. Geological, Environmental and Mining Consultant Experts in orebody modelling and resource estimation, this Quebec-based company was founded by Claude Duplessis, Eng., who has 25 years global experience in the mining industry.

14 SUMMARY As of September 2015, the Company has secured 25 of the 26 permits needed to begin gold mining operations focussed on high-grade, near-surface material identified in the 2014 PFS. Prepared material will be transported to IAMGOLD s nearby Westwood facility for processing with forecasted all in cash costs of US $800 per ounce. The longer-term outlook calls for production of 100,000 ounces per year. Since GBB acquired the property in 2006, highly experienced metallurgist and CEO Frank Basa has led the way, overseeing in excess of 90,000 metres of drilling, the publication of a PFS, PEA, an initial resource estimate in 2012 and an update in 2015 all in accordance with NI The superior Quebec location on the Cadillac trend with advanced infrastructure in place, hosts the potential for both underground high-grade and open pit mining in addition to the upside for resource expansion with 80% of the LONG Bars gold zone yet to be explored and open in all directions. The latest resource update published in May 2015 at a 1 g/t Au range base case is 1,587,300 ounces gold 0.93 g/t Au in 56,8460,00 tonnes plus 1,551,000 ounces 0.99 g/t Au in 51,519,000 tonnes at a cut off grade of 0.30 g/t. Local First Nations preliminary agreements have been signed in keeping with stated Corporate values that embrace being environmentally proactive every step of the way.

15 DISCLAIMER - FORWARD-LOOKING STATEMENTS No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This presentation includes certain forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that Gold Bullion Development Corp. believes, expects, anticipates or plans will or may occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as seek, anticipate, believe, plan, estimate, expect, and intend and statements that an event or result may, will, can, should, could, or might occur or be achieved and other similar expressions. These forwardlooking statements reflect the current internal projections, expectations or beliefs of Gold Bullion Development Corp. based on information currently available to Gold Bullion Development Corp. In addition, all statements other than statements of historical fact, included in this presentation, including without limitation statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Gold Bullion Development Corp, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Important factors that could cause actual results to differ materially from Gold Bullion Development Corp. expectations include, among others, risks related to the start-up of operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold, silver and base metals. Although Gold Bullion Development Corp. has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. The mineral resources estimates contained here are only estimates and no assurance can be given that any particular level of recovery of minerals will be realized or that an identified resource will ever qualify as a commercially mineable or viable deposit which can be legally and economically exploited. In addition, the grade of mineralization ultimately mined may differ from the one indicated by the drilling results and the difference may be material. The estimated resources described herein should not be interpreted as assurances of mine life or of the profitability of future operations.

16 CONTACT INFO Director Roger Thomas Phone: Corporate Development & Director Annemette Jorgensen Phone: Head Office (Administration) 2875 Ave Granada Rouyn-Noranda, Quebec J9Y 1J1 Phone: Fax: TSX.V: GBB OTC PK: GBBFF

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