RCO royalco resources limited
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News: RCO Fitzroy River Corp announces offer to acquire Royalco Resources Ltd

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    14/12/16
    11:18
    Post #: 21325889

    Dec 14 (Reuters) - Fitzroy River Corporation Ltd (FZR)

    • Asx alert-Fitzroy announces recommended takeover offer for royalco,rco-fzr.ax
    • A recommended off-market takeover offer (offer) to acquire Royalco Resources Limited
    • Offer is 20 cents cash for each Royalco share and values Royalco at approximately $10.54 million
    • Offer is recommended by board of Royalco in absence of a superior proposal
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