Nov 17 (Reuters) - Iberian Minerals Ltd IML.V :
* Enters into amalgamation agreement with mineworx technologies
* Mineworx shareholders will receive approximately 2.53646 common shares of
Iberian for every one mineworx common share
* Says following the closing, one nominee of Mineworx, Duane Nelson, will be
added to the board of directors of Iberian
* Upon completion, co expects to have about 243 million Iberian shares, of
which the former holders of mineworx will hold about 34.5%
* Entered into amalgamation deal under which co to acquire all outstanding
shares of mineworx by way of three-cornered amalgamation
* Source text for Eikon ID:nMKWGB5Gra
* Further company coverage IML.V