NOVAGEN INGENIUM, INC. (OTCMKTS:NOVZ) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive
Agreement
(a) AGREEMENT FOR SALE PURCHASE OF SHARES
On June 19, 2017, the registrant, Novagen Ingenium Inc, a Nevada
corporation (Novagen) entered into an Agreement
for Sale Purchase of Shares (the Agreement for Sale
Purchase Of Shares) under which the shareholders of
Syndicated Transport and Trucking Pty Ltd (the Syndicated
Shareholders) agree to sell to Novagen all the issued
and outstanding shares of Syndicated Transport and Trucking Pty
Ltd in exchange for 6,000,000 shares of Novagen common stock at a
deemed price of AUD$0.14 per share. Shares of Novagens common
stock are quoted under the symbol NOVZ on the OTC Pink operated
by OTC Markets Group, Inc. The total value of Syndicated
Transport and Trucking Pty Ltd for the purposes of the Agreement
for Sale Purchase of Shares was determined by negotiation between
the Syndicated Shareholders and Novagen to be AUD$840,000.
The description of the terms and conditions of the Agreement for
Sale Purchase of Shares set forth herein does not purport to be
complete and is qualified in its entirety by reference to the
terms of the Agreement for Sale Purchase of Shares, 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.
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Item 9.01 Financial Statements and |
(b) Exhibits
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10.1 |
Agreement for Sale Purchase Of Shares dated June 19, 2017 |
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Novagen Ingenium Inc. ExhibitEX-10.1 2 novz_ex101.htm AGREEMENT novz_ex101.htmEXHIBIT 10.1 AGREEMENT FOR SALE & PURCHASE OF SHARES THIS AGREEMENT is made the 19th day of June 2017 BETWEEN: Fire From Ice Studios Pty Ltd of 6/8 Tonga Place,…To view the full exhibit click here 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.