Aug 29 (Reuters) - Auctus Alternative Investments Ltd AVC.AX :
* FINALISED FORMAL DOCUMENTATION TO ESTABLISH A US ASSET MANAGEMENT BUSINESS - RBP PARTNERS
* AUCTUS OWNS A 30% EQUITY SHAREHOLDING IN JOINT VENTURE PARTNERSHIP WITH NEW YORK BASED INVESTMENT TEAM
* TO INVEST $250,000 INTO RBP PARTNERS & ISSUE INVESTMENT TEAM TOTAL 1.5M OPTIONS, WITH STRIKE PRICES OF $0.60 & $1.00