Dec 14 (Reuters) - Fitzroy River Corporation Ltd FZR.AX
* 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 Source text for Eikon: ID:nASX4XF9FJ Further company coverage: FZR.AX