Nevoro Inc. Appoints Mel Klohn as Executive Vice President, Exploration: Financial News

Nevoro Inc. Appoints Mel Klohn as Executive Vice President, Exploration
Thursday August 21, 2008 2:46 pm ET

TORONTO, ONTARIO--(MARKET WIRE)--Aug 21, 2008 -- Nevoro Inc. (Toronto:NVR.TO - News) (the "Company") is pleased to announce that Mel Klohn has been appointed Executive Vice President, Exploration, effective August 1, 2008. Mel's primary responsibility will be to supervise the exploration and development programs at Nevoro's newly acquired Stillwater Ni-Cu-Co-PGE-Cr project in southcentral Montana and the Moonlight Cu-Au-Ag project in northeastern California.

Mel is a L.P.Geo., holds a Masters degree in geology from the University of Oregon and has 40 years experience in minerals exploration, discovery and research. He is the former Vice President of Exploration for Aura Gold and Yamana Gold and spent 25 years in various roles with Exxon. Mel is also a director of Red Hill Energy and International Enexco and will continue to serve on the board of Nevoro.

About Nevoro Inc.

Nevoro is a TSX-listed exploration and development company focused on the discovery of precious and base metals in the western USA. In addition to the Stillwater nickel-copper-cobalt-PGE-chromite project in Montana and the Moonlight copper project in California, Nevoro holds 11 gold and base metal projects in Nevada and Idaho.

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

CAUTIONARY STATEMENT: All statements, other than historical fact, contained or incorporated by reference in this news release, constitute "forward looking statements" within the meaning of certain securities laws, including the "safe harbor" provisions of the Securities Act (Ontario) and are based on expectations, estimates and projections as of the date of this news release. Such "forward looking statements", reflects management's current beliefs and is based on information currently available to management of Nevoro. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue", "intention" or the negative of these terms or other similar expressions concerning matters that are not historical facts. Forward-looking information involves significant risks and uncertainties. A number of factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking information including risks related to investments, conditions of capital markets, economic conditions, dependence on key personnel, interest rates, regulatory change and availability of future financing. These factors should not be considered exhaustive. In addition, in evaluating this information, investors should specifically consider various factors, including risk factors, which may cause actual events or results to differ materially from any forward-looking statement. In formulating forward-looking information herein, management has assumed that business and economic conditions affecting Nevoro will continue substantially in the ordinary course, including without limitation with respect to general levels of economic activity, regulations, taxes, interest rates and that there will be no material changes. Although the forward-looking information is based on what management of Nevoro considers to be reasonable assumptions based on information currently available to it, there can be no assurance that actual events or results will be consistent with this forward-looking information, and management's assumptions may prove to be incorrect. This forward-looking information is made as of the date of this press release, and Nevoro does not assume any obligation, except as required by law, to update or revise them to reflect new events or circumstances. Undue reliance should not be placed on forward-looking information.