NOVAGEN INGENIUM, INC. (OTCMKTS:NOVZ) Files An 8-K Entry into a Material Definitive AgreementItem 1.01Entry into a Material Definitive Agreement
(a) AMENDED OPERATING AGREEMENT FOR ACQUISITION OF TRANSPORT ASSETS
On August 18, 2018, the registrant, Novagen Ingenium Inc, a Nevada corporation entered into an Amended Operating Agreement for The Acquisition of Transport Assets Dated August 28, 2017 which under the terms of the Amended Agreement, AmerYcan Finance and Leasing Pty Ltd will continue supplying transport and warehouse assets without charge until January 1, 2019 to Roadbees Linehaul Pty Ltd after which commercial terms for the supply of transport and warehouse assets will be entered. In exchange for the supply of transport and warehouse assets from August 28, 2017 until January 1, 2019 Roadbees Linehaul Pty Ltd will issue 25% of its capital undilute-able until January 1, 2024 and make every effort to list on the Australian Stock Exchange.
The description of the terms and conditions of the Operating Agreement for Acquisition of Transport assets set forth herein does not purport to be complete and is qualified in its entirety by reference to the terms of the Operating Agreement for Acquisition of Transport Assets, which is filed as Exhibit 10.1 to this Current Report.
The information set forth under Item 1.01 of this Current Report is incorporated herein by reference.
Item 7.01 Regulation FD Disclosure
On August 18, 2018, Novagen Ingenium Inc. issued a press release advising that Novagen had exited transport operations.
A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information in the press release attached as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01Financial Statements and Exhibits
Novagen Ingenium Inc. ExhibitEX-10.1 2 novz_ex101.htm AMENDED OPERATING AGREEMENT novz_ex101.htmEXHIBIT 10.1 AMENDED OPERATING AGREEMENT FOR THE ACQUISITION OF TRANSPORT ASSETS THE DATE OF THIS AGREEMENT is made the 18th day of August 2018. BETWEEN: Roadbees Linehaul Pty Ltd (formally Roadbees Transport Pty Ltd) of Shed 8,…To view the full exhibit click
About NOVAGEN INGENIUM, INC. (OTCMKTS:NOVZ)
Novagen Ingenium Inc. (Novagen), formerly Novagen Solar, Inc., is engaged in the design, development and commercialization of low carbon emission engines and precision engineering services. The Company is focused on geometric configuration design engines. It intends to develop engines that can be powered by gasoline, diesoline, biofuels, liquid petroleum gas, steam, permanent magnets and other alternative power sources. Its business is in the early stages of development. The Company is developing Novagen Y Engine, which is a diesel or permanent magnet engine that has applications in the industrial, marine, aerospace and automotive markets. The Company holds interest in Renegade trademark, engine manufacturing design, development and manufacturing operations. It holds interest in the plant, equipment and inventory of N.C. Precision Engineering Pty Ltd. It supplies industrial services, such as specific vehicle supply, labor supply and engineering services on a commercial basis.