GMI Green Mining Innovation Inc

Venga Aerospace Systems Inc. (TSX VENTURE:VAV)(PINK SHEETS:VNGAF) announced that
the Ministry of Lands, Mines and Energy of the Republic of Liberia has awarded
Venga's mining affiliate, Global Mineral Investment, LLC ("GMI") four Class B
Gold Mining Licences (GM-191-900; GM-192-900; GM-193-900 and GM-194-900)
covering four separate areas, each comprising 900 acres, located in the Sanquin
Mining Zone, Sinoe County in the Republic of Liberia. Venga presently has a 3%
interest in GMI and has the option to acquire up to an additional 15% equity
interest in its affiliated mining company.


"I am most pleased to confirm that the Ministry of Lands, Mines and Energy has
granted Global Mineral Investments, LLC, a Class B mining licence for Sinoe
County," stated Mr. Kpandel Fayia, Deputy Minister for Planning and Development,
Ministry of Lands, Mines and Energy for the Republic of Liberia. "Global Mineral
Investments and its investment partner, Venga Aerospace Systems Inc., are most
welcome new businesses in the expanding Liberian economy," continued Deputy
Minister Fayia.


"The awarding of these four mining licences by the government of Liberia was the
result of over two years hard work by our development team," stated GMI
Director, Jon O'Regan. "The preliminary assay reports that we commissioned have
indicated that our awarded concessions are quite promising," added O'Regan. "We
are both excited and privileged to have been afforded this opportunity to
participate in the economic rebirth of Liberia," concluded O'Regan.


"We are very pleased that Venga and its shareholders have a stake in GMI's
Liberian gold mining operation," stated Venga President, Hirsh Kwinter. "The
awarding of these mining licences and Venga's participation in GMI's mining
venture provides our Company with a new and exciting opportunity," continued
Kwinter. "Management will closely monitor the commercial development of these
mining operations and, if warranted, we will exercise our option to increase
Venga's ownership interest in GMI," concluded Kwinter.


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.


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