Venga Aerospace Systems Inc.

Venga Aerospace Systems Inc.

July 27, 2009 11:56 ET

Venga's Affiliate Announces Suspension of Mining Operations Until End of Liberian Rainy Season

TORONTO, ONTARIO--(Marketwire - July 27, 2009) - Venga Aerospace Systems Inc. (TSX VENTURE:VAV)(PINK SHEETS:VNGAF)(the "Company") announced that the Company's mining affiliate, Global Mineral Investments, LLC ("GMI"), has decided to suspend mining operations until the end of Liberia's rainy season. GMI plans on re-commencing full operations by October 15 of this year.

"The severity of Liberia's rainy season has caused GMI to suspend gold production in Sinoe County," stated GMI president, Jon O'Regan. "The swollen rivers have proven hazardous to our employees and production equipment," continued O'Regan. "We plan on resuming full operations by October 15, 2009 and to explore new areas to increase our gold production capacity," concluded O'Regan.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are subject to certain risks and uncertainties that may cause the Company's results to differ materially from expectations and speak only as of the date hereof.

SHARES ISSUED: 239,171,893

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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