Sunday, January 31, 2010 12:42:57 AM
Date : 11/19/2009 @ 7:45AM
Source : MarketWire Canada
TORONTO, ONTARIO--(Marketwire - Nov. 19, 2009) - Venga Aerospace Systems Inc. (TSX VENTURE:VAV)(PINK SHEETS:VNGAF) ("VAV"; the "Company") announced that the Company's mining affiliate, Global Mineral Investments, LLC's ("GMI") has now resumed its Liberian gold mining operations with dredging now having started at GMI's Dugbe River site. "We began dredging on November 16 because the water level was still high by the time we got to the Dugbe River early last week," stated George Duokenel, GMI's Chief Geologist. "GMI has decided to initially concentrate solely on the dredging operation since this gives us the greatest opportunity to recover gold as quickly as possible," stated Venga President, Hirsh Kwinter. "The rainy season is over and with our equipment and production crews now in place, we are hopefully positioned to achieve the success that we have long planned for," continued 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.
SHARES ISSUED: 239,171,893
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