Granada Gold Mine Inc V.GGM

Everybudee and their uncle....

[blueeagle1]

GOLD BULLION DEVELOPMENT CORP. ("GBB")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE:  November 2, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respectto a Non-Brokered Private Placement announced September22, 2010 andamended on October 6, 2010:

Number of Shares:	14,814,814 shares
Purchase Price:	.54 per share
Warrants:	7,407,407 share purchase warrants to purchase 7,407,407 shares
Warrant Exercise Price:	.75 for a one year period
Number of Placees:	133 placees
Insider / Pro Group Participation:
Name	Insider=Y / ProGroup=P /	# of Shares
Peter Brown	P	200,000
John Hadfield	P	100,000
Ryan Matthiesen	P	60,000
David Stephens	P	60,000
Teepy Tang	P	42,000
Kypriaki Norte	P	20,000
Adam Vorberg	P	100,000
Stewart Vorberg	P	50,000
Finders' Fees:	$37,699.98 and 71,481 finder warrants payable to Canaccord Genuity Corp.
	$864 and 1,600 finder warrants payable to Dundee Securities Corporation
	$86,844.96 payable to Element & Associates
	$31,500 and 70,000 finder warrants payable to Haywood Securities Inc.
	$12,744 and 23,600 finder warrants payable to Leede Financial Markets Inc.
	$4,320 and 8,000 finder warrants payable to MacDougall, MacDougall & MacTier Inc.
	$40,014 and 82,200 finder warrants payable to PI Financial Corp.
	$32,200 and 80,000 finder warrants payable to RBC Dominion Securities
	$1,944 and 3,600 finder warrants payable to Union Securities Ltd.
	$5,184 and 9,600 finder warrants payable to Macquarie Capital Markets Canada Ltd.
	$339,768 and 629,200 finder warrants payable to Jordan Capital Markets Inc.
	$22,464 and 49,600 finder warrants payable to Allyson Taylor Partners
	$19,310.40 and 27,760 finder warrants payable to RWS Capital Services
	- Each finder warrant is exercisable at .75 for a one year period into one common share