March 13 (Reuters) - New World Resource Corp NW.V :
* DGAP-NEWS: NEW WORLD RESOURCE CORP. AND PERIMETER MEDICAL IMAGING, INC. PROPOSE REVERSE TAKEOVER
* NEW WORLD RESOURCE- ENTERED NON-BINDING LOI FOR ACQUISITION OF ALL OF ISSUED, OUTSTANDING SHARES OF PERIMETER MEDICAL BY CO IN REVERSE TAKEOVER DEAL
* NEW WORLD RESOURCE- CO, OR WHOLLY OWNED SUBSIDIARY OF CO WILL ACQUIRE 100 PERCENT OF SHARES OF PERIMETER MEDICAL IN EXCHANGE FOR NEW WORLD SHARES
* NEW WORLD RESOURCE - FOLLOWING CLOSING, RESULTING ISSUER CHIEF EXECUTIVE AND INITIAL BOARD OF DIRECTORS WILL BE SELECTED BY PERIMETER
* NEW WORLD-SHAREHOLDERS TO RECEIVE WARRANT TO BUY 1 SHARE OF CO AFTER PROPOSED TRANSACTIONS AT C$0.30PER SHARE, FOR 2 NEW WORLD SHARES HELD BEFORE DEAL CLOSING