DECEMBER 9, 2008 ~ Mining Dredge Purchased

     Venga Aerospace Systems Inc. (TSX VENTURE EXCHANGE: "VAV";) announced that its mining affiliate, Global Mineral Investments, LLC, has now purchased the main mining dredge and related equipment 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. Delivery of the newly acquired mining dredge to GMI's Gold Matta mining site is expected to occur in early March of 2009.