February 15th 2007

DENROY RESOURCES CLOSES ACQUISITION TO HOLD 100% OF GOODSPRINGS

Denroy Resources Corporation (“Denroy” or “the Company”) is pleased to announce the closing of the previously announced acquisition of Goodsprings Development Corporation (“Goodsprings”), a private mineral exploration company incorporated in Nevada, USA. Denroy now owns 100% of Goodsprings and has issued 24.4 million shares to the Goodsprings Shareholders. Goodsprings holds 10 precious metal exploration projects in Nevada. As a result of the acquisition of Goodsprings, Denroy has 56,777,485 common shares issued and outstanding on a non-diluted basis with 3,536,000 shares subject to issuance, for a total of 60,313,485 shares on a fully diluted basis.

Ken Brook, founder and trustee of Brook Family Trust, a former 45% shareholder of Goodsprings, has been appointed Vice President, Exploration of Denroy. The Brook Family Trust holds 10,980,000 Denroy shares received in consideration for the shares of Goodsprings formerly held by it. As a condition of Mr. Brook’s employment, Goodsprings has the right to acquire any Nevada mineral property interest Mr. Brook acquires at his cost until December 31, 2008, and thereafter until December 31, 2009, Goodsprings has the right to acquire any Nevada mineral property interest owned by Mr. Brook on any terms that such interest is offered to a third party. Prior to the acquisition of Goodsprings by Denroy, the Brook Family Trust did not own or have control over any securities of Denroy.

For the purposes of National Instrument 62-103 early warning reporting, the address of the Brook Family Trust is 2305 Pleasure Drive, Reno, Nevada 89509. The Brook Family Trust owns 10,980,000 common shares of Denroy representing 19.3% of the 56,777,485 issued and outstanding common shares of Denroy on a non-diluted basis. The Brook Family Trust has been issued Denroy shares for investment purposes, and it has no current intention to increase the beneficial ownership, control or direction of Denroy.

Annual General Meeting
Denroy Resources will call an annual and special shareholder meeting early in 2007 with respect to its financial year ended December 31, 2006. At that time, Denroy Resources will seek shareholder approval for a change of its name to, “Nevoro Inc.”.

About Denroy Resources Corporation
Denroy Resources Corporation is a Canadian exploration company focused on the discovery of precious minerals in Nevada, USA. Denroy holds 10 projects in Nevada, all of which are wholly owned or optioned and four are currently leased for annual cash payments and 3% net smelter royalty (“NSR”). St. Elmo, Silver King and Cross are the prime projects, and these properties are not leased to third parties.

For more information, please contact:

Victor H. Bradley, President
Denroy Resources Corporation
Tel: (416) 363-8238
Fax: (416) 352-7238
vbradley@nevoro.com

CAUTIONARY STATEMENT: No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of Denroy Resources, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Denroy Resources’s expectations are the risks detailed herein and from time to time in the filings made by Denroy Resources with securities regulators.