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