Line 15x10x1-inch pan with waxed paper or foil. In large bowl, place cereal.
In medium microwavable bowl, place candy coating and oil; microwave uncovered on High 1 minute; stir. Microwave on High 20 seconds longer if necessary until coating is melted. Pour over cereal, stirring until evenly coated. Spread in pan. Refrigerate 4 to 6 minutes or until candy coating is set.
Break into bite-size pieces in large bowl. Stir in pretzels and almonds.