RCO royalco resources limited
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News: RCO Fitzroy River To Make Off-Market Takeover Offer To Buy Royalco Resources

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    14/11/19
    12:45
    Post #: 41422213

    Nov 14 (Reuters) - Fitzroy River Corporation Ltd (FZR) :

    • INTENDS TO MAKE AN OFF- MARKET TAKEOVER OFFER (OFFER) TO ACQUIRE ROYALCO RESOURCES LIMITED
    • OFFER 24 CENTS CASH FOR EACH ROYALCO SHARE NOT CURRENTLY OWNED BY FITZROY AND VALUES 100% OF ROYALCO AT ABOUT $12.65 MILLION
    • OFFER VALUES SHARES SUBJECT OF OFFER AT ABOUT $6.61 MILLION
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