Venga Aerospace Systems Inc.

Venga Aerospace Systems Inc.

March 06, 2009 09:55 ET

Venga's Affiliate Ships Dredging Equipment for Liberian Gold Mining Operation: Venga Receives Delivery of Second Advanced 3D Print/Processor: Venga Launches New Website

TORONTO, ONTARIO--(Marketwire - March 6, 2009) - Venga Aerospace Systems Inc. (TSX VENTURE:VAV)(PINK SHEETS:VNGAF) (the "Company") announced that its mining affiliate, Global Mineral Investments, LLC ("GMI"), has now shipped the main mining dredge and related equipment and supplies that will be used in GMI's gold dredging operation that will be carried on in those portions of the Upper Tartweh River flowing through GMI's GoldMatta concession located in the Sanquin Mining Zone, Sinoe County, Republic of Liberia. One forty foot container together with a twenty foot container which contain GMI's initial mining equipment and supplies are scheduled to be delivered to GMI's GoldMatta mining site later this month with the delivery of the newly acquired mining dredge expected to occur before the end of the first week of April, 2009.

Venga further announced that its 3DP North American Joint Venture has now received delivery of the second CPX-1 3D print / processor that the joint venture had purchased from the equipment's Hong Kong based manufacturer. The CPX-1 3D print / processor is capable of mass-producing high resolution, photographic quality, 3D images in various sizes in both reflective and transparent formats. These 3D print / processors are located in and will be operated from the 3DP North American Joint Venture's Houston, Texas production facility. Technicians from the manufacturer are scheduled to arrive at the Company's joint venture's production facility later this month to complete the set-up and calibration of the CPX-1 3D print / processors.

Venga further announces that it has now launched a new corporate website:

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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