Iberian Minerals Ltd. said June 5 that its rebranding as Mineworx Technologies Ltd. will come into effect June 6.

The company's shares will start trading under the new name and trading symbol MWX on the TSX Venture Exchange on the same day, while its new OTCQB trading symbol will be MWXRF.

The name change does not entail any associated consolidation or change in the share capital.

In March, the company's Mineworx Technologies subsidiary agreed to form a joint venture to process gold-bearing historical tailings and mine dumps in Nevada.