May 24th 2007

NEVORO INC. (formerly Denroy Resources Corporation)
ANNOUNCES NAME CHANGE AND COMPLETION OF 4^TH TRANCHE OF PRIVATE PLACEMENT

TORONTO, Canada – Nevoro Inc. (formerly Denroy Resources Corporation) announces that at the annual and special meeting held on May 16, 2007, shareholders approved a change of name of the Corporation from Denroy Resources Corporation to “Nevoro Inc.”. The name change became effective pursuant to articles of amendment filed effective May 17, 2007. The name change reflects the corporation’s focus on a search for, and development and exploration of, gold and precious metal properties in Nevada, USA.

Nevoro Inc. is also pleased to announce that it has completed the fourth tranche of a private placement financing. The fourth tranche consisted of the sale of 290,000 common shares at US$0.25 per share for total gross proceeds of US$72,500 pursuant to a non-brokered arm’s length private placement. The private placement was sold to private and institutional investors. All securities issued pursuant to this tranche are subject to resale restrictions expiring on September 15, 2007.

The first tranche of this financing, completion of which was announced on February 9, 2007, consisted of the sale of 15,940,000 common shares at US$0.25 per share for total gross proceeds of US$3,985,000 pursuant to a non-brokered arm’s length private placement. Also on February 9, 2007, completion of three other private placements was announced for total gross proceeds of US$615,750.

The second tranche of this financing, completion of which was announced on March 15, 2007, consisted of the sale of 500,000 common shares at US$0.25 per share for total gross proceeds of US$125,000 pursuant to a non-brokered arm’s length private placement.

The third tranche of this financing, completion of which was announced on April 30, 2007, consisted of the sale of 14,385,000 common shares at US$0.25 per share for total gross proceeds of US$3,596,250 pursuant to a non-brokered arm’s length private placement.

The proceeds of these private placements will be used to explore and develop gold and precious metal exploration properties in Nevada and for working capital. As a result of completion of this fourth tranche financing, Nevoro Inc. has 71,993,885 common shares issued and outstanding on a non-diluted basis with 4,470,500 shares subject to issuance, for a total of 76,464,385 shares on a fully diluted basis.

About Denroy Resources Corporation
Nevoro Inc. is a Canadian exploration company focused on the discovery of precious minerals in Nevada, USA. Nevoro Inc. 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
Nevoro Inc.
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 Nevoro Inc., 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 Nevoro Inc.’s expectations are the risks detailed herein and from time to time in the filings made by Nevoro Inc. with securities regulators.