Nevoro Inc.

Nevoro Inc.

October 15, 2007 09:00 ET

Nevoro Inc. Appoints William Schara to President, CEO and Director, Victor Bradley to Become Executive Deputy Chairman

TORONTO, ONTARIO--(Marketwire - Oct. 15, 2007) - Nevoro Inc. ("Nevoro") (TSX:NVR) is pleased to announce that, William ("Bill") Schara, C.P.A., has joined Nevoro as President and CEO and has been elected to the Board of Directors.

Mr. Schara brings to Nevoro more than 25 years experience in finance and accounting with extensive experience in business start-ups, international business, and managing public companies and mining company joint ventures. Most recently Mr. Schara was the Chief Financial Officer of Minera Andes Inc., a TSX-listed development stage mining company. Previous to this position he spent eight years at Yamana Resources (now Yamana Gold), the last four years of which were as Vice President, Finance and Chief Financial Officer. He serves on the boards of two other publicly listed mining companies. Mr. Schara is a native of Butte, Montana, a Certified Public Accountant and has a Bachelor of Science Degree in Accounting from Marquette University.

Vic Bradley, founder of Nevoro, will step aside as President and CEO, but remain on the Board of Directors as Executive Deputy Chairman. Commenting on the changes, Vic Bradley stated: " I am delighted to have the opportunity to bring Bill into Nevoro as President and CEO. I have worked with him for some years and know that he is more than ready to run Nevoro and to work with the Board of Directors to build the company. His drive, industry knowledge and integrity will serve us well."

About Nevoro Inc.

Nevoro is a Canadian exploration company, listed on the Toronto Stock Exchange, currently focused on the discovery of precious metals in Nevada, USA. Nevoro now holds 12 projects in Nevada, 10 of these projects are wholly owned or optioned and two are currently leased to third parties. St. Elmo, Dome Hill, Silver King and Cross are the prime projects (100% Nevoro), and will be the focus of Nevoro's initial exploration effort.

For more information, please visit the Nevoro Inc. website at

CAUTIONARY STATEMENT: 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.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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