Dec 23 (Reuters) - Auctus Investment Group Ltd (AVC) : AUCTUS...

Dec 23 (Reuters) - Auctus Investment Group Ltd (AVC) :

• AUCTUS TO ACQUIRE UP TO 24% OF IMPACT INVESTMENT PARTNERS-AVC.AX
• PROPOSES TO ACQUIRE ITS INITIAL 14% INTEREST THROUGH 2 SEPARATE SUBSCRIPTIONS
• FIRST SUBSCRIPTION WILL BE COMPLETED FOLLOWING PAYMENT OF $1.05 MILLION FOR A 7% INTEREST IN SHARES OF IMPACT IP
• 2ND SUBSCRIPTION WILL BE COMPLETED FOLLOWING PAYMENT OF $1.05 MILLION FOR FURTHER 7% INTEREST IN SHARES OF IMPACT IP
• REMAINING 10% IS PROPOSED TO BE CARRIED OUT THROUGH A SHARE SWAP WITH EXISTING IMPACT IP HOLDERS BEING OFFERED NEW SHARES IN AUCTUS