<HTML>
<HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
<BODY>

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<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">UNITED
STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington,
D.C. 20549</P>

<P STYLE="text-align: center">_________________</P>

<P STYLE="font-size: 14pt; font-weight: bold; text-align: center; margin-top: 6pt; margin-bottom: 6pt">FORM
8-K</P>

<P STYLE="text-align: center">_________________</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">CURRENT
REPORT</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt">Date
of Report (Date of earliest event reported):&nbsp; December 27, 2013</P>

<P STYLE="text-align: center">_______________________________</P>

<P STYLE="font-size: 36pt; text-align: center; margin-top: 6pt; margin-bottom: 0; font-weight: bold">NOVAGEN INGENIUM INC</P>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0; margin-bottom: 6pt">(Exact name of registrant as specified in its charter)</P>

<P STYLE="text-align: center">_______________________________</P>

<P>&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 33%; font-size: 10pt; font-weight: bold; text-align: center">Nevada</TD>
     <TD STYLE="width: 34%; font-size: 10pt; font-weight: bold; text-align: center">333-149617</TD>
     <TD STYLE="width: 33%; font-size: 10pt; font-weight: bold; text-align: center">98-0471927</TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD STYLE="font-size: 10pt; text-align: center">(State or Other Jurisdiction</TD>
     <TD STYLE="font-size: 10pt; text-align: center">(Commission</TD>
     <TD STYLE="font-size: 10pt; text-align: center">(I.R.S. Employer</TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD STYLE="font-size: 10pt; text-align: center">of Incorporation)</TD>
     <TD STYLE="font-size: 10pt; text-align: center">File Number)</TD>
     <TD STYLE="font-size: 10pt; text-align: center">Identification No.)</TD>
</TR>
</TABLE>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 12pt; margin-bottom: 6pt"><B></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 67%; font-size: 10pt; font-weight: bold; text-align: center"> Double Diamond Pkwy, Suite 2227, Reno, Nevada</TD>
     <TD STYLE="width: 33%; font-size: 10pt; font-weight: bold; text-align: center">89521</TD>
</TR>
<TR STYLE="vertical-align: top">
     <TD STYLE="font-size: 10pt; text-align: center">(Address of Principal Executive Offices)</TD>
     <TD STYLE="font-size: 10pt; text-align: center">(Zip Code)</TD>
</TR>

</TABLE>

<P STYLE="font-size: 10pt; text-align: center; margin-top: 12pt; margin-bottom: 6pt"><B>(310) 994-7988<BR></B>(Registrant&rsquo;s
telephone number, including area code)</P>

<P STYLE="font-size: 10pt; text-align: left; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:</P>

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<TR STYLE="vertical-align: top">
     <TD STYLE="width: 3%; font-size: 10pt; text-align: left"><FONT FACE="Wingdings">&#168;</FONT></TD>
     <TD STYLE="width: 97%; font-size: 10pt; text-align: left"> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</TD>
</TR>
</TABLE>

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<TR STYLE="vertical-align: top">
     <TD STYLE="width: 3%; font-size: 10pt; text-align: left"><FONT FACE="Wingdings">&#168;</FONT></TD>
     <TD STYLE="width: 97%; font-size: 10pt; text-align: left"> Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 6pt; margin-bottom: 6pt">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 3%; font-size: 10pt; text-align: left"><FONT FACE="Wingdings">&#168;</FONT></TD>
     <TD STYLE="width: 97%; font-size: 10pt; text-align: left"> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; margin-top: 6pt; margin-bottom: 6pt">
<TR STYLE="vertical-align: top">
     <TD STYLE="width: 3%; font-size: 10pt; text-align: left"><FONT FACE="Wingdings">&#168;</FONT></TD>
     <TD STYLE="width: 97%; font-size: 10pt; text-align: left"> Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR>
</TABLE>

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<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

<P STYLE="font-weight: bold; font-size: 10pt; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px; font: bold 9pt Times New Roman, Times, Serif">Item 1.01</TD>
    <TD STYLE="font: bold 9pt Times New Roman, Times, Serif">Entry into a Material Definitive Agreement</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><B>Rescission of Asset Sales Agreement between Renegade
Engine Company Pty Ltd. and Camtech Investments Pty Ltd.</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">On December 27, 2013, Renegade Engine Company Pty Ltd., a wholly-owned
subsidiary of the Registrant (&ldquo;Renegade&rdquo;), and Camtech Investments Pty Ltd. as trustee for Munro Family Trust (&ldquo;Camtech&rdquo;),
mutually agreed that it was in their respective best interests to rescind the Asset Sales Agreement dated April 22, 2013 between
Renegade and Camtech (the &ldquo;Asset Sales Agreement&rdquo;) and entered into a Rescission Agreement to that effect (the &ldquo;Rescission
Agreement&rdquo;).</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Under the terms of the Asset Sales Agreement, Renegade had acquired
from Camtech certain equipment formerly utilized by N.C. Precision Engineering Pty Ltd., a precision engineering business located
in Ernest, Queensland, Australia for A$270,000 (USD$277,250)(the &ldquo;Purchase Price&rdquo;). The description of the terms and
conditions of the Asset Sale Agreement set forth herein does not purport to be complete and is qualified in its entirety by reference
to the terms of the Asset Sale Agreement, which was filed on April 25, 2013 as Exhibit 10.1 to Registrant&rsquo;s Current Report
on Form 8-K.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The Purchase Price was secured by a promissory note
(the &ldquo;Promissory Note&rdquo;) issued by Novagen Finance Pty Ltd., a wholly-owned subsidiary of the Registrant
(&ldquo;Novagen Finance&rdquo;). The Promissory Note was due and payable on demand, and earned interest at the rate of 5% per
annum until maturity and thereafter at the rate of 10% per annum. The description of the terms and conditions of the
Promissory Note set forth herein does not purport to be complete and is qualified in its entirety by reference to the terms
of the Promissory Note, which was filed on April 25, 2013 as Exhibit 10.2 to Registrant&rsquo;s Current Report on Form
8-K.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Under the terms of the Rescission Agreement, Renegade and
Camtech each agree that the Asset Sale Agreement and all other agreements and understandings whether written or oral relating
to the subject matter of the Asset Sale Agreement will be rescinded and will be of no further force and effect. Each party
also acknowledges and agrees that neither of them will have any further obligation to each other pursuant to or arising
directly or indirectly from the Asset Sale Agreement or from any other agreement or  understanding, whether written or oral,
relating to the subject matter thereof. The Rescission Agreement also contains a mutual release from and against all claims
of every nature and kind whatsoever and howsoever arising that Renegade or Camtech may have by reason of, or arising directly
or indirectly from the Asset Sale Agreement.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The Rescission Agreement is subject to Camtech surrendering the Promissory
Note to Novagen Finance Pty Ltd. for cancellation. The Promissory Note was surrendered and duly cancelled on December 27, 2013.
No payment in respect of the indebtedness secured by the Promissory Note had been made prior to cancellation.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The effect of the Rescission Agreement will be to render the Asset
Sale Agreement void and a legal nullity, with Renegade and Camtech being returned to the position in which they were in before
they entered into the Asset Sale Agreement.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The description of the terms and conditions of the Rescission Agreement
set forth herein does not purport to be complete and is qualified in its entirety by reference to the terms of the Rescission Agreement,
which is filed as Exhibit 10.1 to this Current Report.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><B>Asset Sale Agreement between Novagen Precision Engineering Pty
Ltd. and Camtech Investments Pty Ltd.</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">On December 27, 2013, Novagen Precision Engineering Pty Ltd. (&ldquo;Precision&rdquo;),
a wholly-owned subsidiary of the Registrant, entered into a written agreement (the &ldquo;NPE Agreement&rdquo;) to acquire certain
precision milling equipment (the &ldquo;Equipment&rdquo;) from Camtech for cash consideration of A$270,000 (US$239,936.02). The
acquisition of the Equipment completed on December 27, 2013.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Camtech has warranted that the Equipment is its sole and absolute
property and is not subject to any encumbrance.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The NPE Agreement sets out the entire agreement and understanding
between Precision and Camtech with respect to the subject matter of the NPE Agreement and supersedes all prior agreements, understandings
and representation.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The Board of Directors of the Registrant approved the NPE Agreement
and the transactions contemplated thereby after determining that they were fair to and in the best interests of the Registrant.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">Except as already described in this Current Report, there was no
material relationship between Camtech or Munro Family Trust and any of the Registrant, Precision, or any of their respective subsidiaries,
directors or officers or any associate of any such directors or officers prior to execution of the NPE Agreement.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The description of the terms and conditions of the NPE Agreement
set forth herein does not purport to be complete and is qualified in its entirety by reference to the terms of the NPE Agreement,
which is filed as Exhibit 10.2 to this Current Report.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px; font: bold 9pt Times New Roman, Times, Serif">Item 1.02</TD>
    <TD STYLE="font: bold 9pt Times New Roman, Times, Serif">Termination of a Material Definitive Agreement.</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The information contained in Item 1.01 of this Current Report on
Form 8-K is incorporated by reference into this Item 1.02.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px; font: bold 9pt Times New Roman, Times, Serif">Item 2.01</TD>
    <TD STYLE="font: bold 9pt Times New Roman, Times, Serif">Completion of Acquisition or Disposition of Assets.</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">The information contained in Item 1.01 of this Current Report on
Form 8-K is incorporated by reference into this Item 2.01.</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px; font: bold 9pt Times New Roman, Times, Serif">Item 9.01</TD>
    <TD STYLE="font: bold 9pt Times New Roman, Times, Serif">Financial Statements and Exhibits</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 9pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%; font-weight: bold">(d)</TD>
    <TD STYLE="width: 93%; font-weight: bold">Exhibits</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>10.1</TD>
    <TD>Rescission Agreement dated December 27, 2013, between Renegade Engine Company Pty Ltd. and Camtech Investments Pty Ltd. as trustee for Munro Family Trust</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>10.2</TD>
    <TD>Asset Sale Agreement dated December 27, 2013, between Novagen Precision Engineering Pty Ltd. and Camtech Investments Pty Ltd. as trustee for Munro Family Trust</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>





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<P STYLE="font-size: 10pt; font-weight: bold; text-align: center; margin-top: 6pt; margin-bottom: 6pt">SIGNATURES</P>

<P STYLE="font-size: 10pt; text-align: left; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned, hereunto duly
authorized.</P>

<P STYLE="font-size: 10pt; text-align: left; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 10pt">
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>NOVAGEN INGENIUM INC</B></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 46%">&nbsp;Date:&nbsp;&nbsp;December
31, 2013</TD>
    <TD STYLE="width: 4%">By</TD>
    <TD STYLE="vertical-align: top; width: 50%"><I>/s/ Micheal Nugent</I></TD>
</TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Name: Micheal P. Nugent<BR>Title: President and CEO</TD>
</TR>
</TABLE>

<P STYLE="font-size: 10pt; text-align: left; text-indent: 0; margin-top: 6pt; margin-bottom: 6pt"></P>


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Form 8-K
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
_________________
FORM
8-K
_________________
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):  December 27, 2013
_______________________________
NOVAGEN INGENIUM INC
(Exact name of registrant as specified in its charter)
_______________________________
Nevada
333-149617
98-0471927
(State or Other Jurisdiction
(Commission
(I.R.S. Employer
of Incorporation)
File Number)
Identification No.)
Double Diamond Pkwy, Suite 2227, Reno, Nevada
89521
(Address of Principal Executive Offices)
(Zip Code)
(310) 994-7988
(Registrant's
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
¨
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01
Entry into a Material Definitive Agreement
Rescission of Asset Sales Agreement between Renegade
Engine Company Pty Ltd. and Camtech Investments Pty Ltd.
On December 27, 2013, Renegade Engine Company Pty Ltd., a wholly-owned
subsidiary of the Registrant ("Renegade"), and Camtech Investments Pty Ltd. as trustee for Munro Family Trust ("Camtech"),
mutually agreed that it was in their respective best interests to rescind the Asset Sales Agreement dated April 22, 2013 between
Renegade and Camtech (the "Asset Sales Agreement") and entered into a Rescission Agreement to that effect (the "Rescission
Agreement").
Under the terms of the Asset Sales Agreement, Renegade had acquired
from Camtech certain equipment formerly utilized by N.C. Precision Engineering Pty Ltd., a precision engineering business located
in Ernest, Queensland, Australia for A$270,000 (USD$277,250)(the "Purchase Price"). The description of the terms and
conditions of the Asset Sale Agreement set forth herein does not purport to be complete and is qualified in its entirety by reference
to the terms of the Asset Sale Agreement, which was filed on April 25, 2013 as Exhibit 10.1 to Registrant's Current Report
on Form 8-K.
The Purchase Price was secured by a promissory note
(the "Promissory Note") issued by Novagen Finance Pty Ltd., a wholly-owned subsidiary of the Registrant
("Novagen Finance"). The Promissory Note was due and payable on demand, and earned interest at the rate of 5% per
annum until maturity and thereafter at the rate of 10% per annum. The description of the terms and conditions of the
Promissory Note set forth herein does not purport to be complete and is qualified in its entirety by reference to the terms
of the Promissory Note, which was filed on April 25, 2013 as Exhibit 10.2 to Registrant's Current Report on Form
8-K.
Under the terms of the Rescission Agreement, Renegade and
Camtech each agree that the Asset Sale Agreement and all other agreements and understandings whether written or oral relating
to the subject matter of the Asset Sale Agreement will be rescinded and will be of no further force and effect. Each party
also acknowledges and agrees that neither of them will have any further obligation to each other pursuant to or arising
directly or indirectly from the Asset Sale Agreement or from any other agreement or  understanding, whether written or oral,
relating to the subject matter thereof. The Rescission Agreement also contains a mutual release from and against all claims
of every nature and kind whatsoever and howsoever arising that Renegade or Camtech may have by reason of, or arising directly
or indirectly from the Asset Sale Agreement.
The Rescission Agreement is subject to Camtech surrendering the Promissory
Note to Novagen Finance Pty Ltd. for cancellation. The Promissory Note was surrendered and duly cancelled on December 27, 2013.
No payment in respect of the indebtedness secured by the Promissory Note had been made prior to cancellation.
The effect of the Rescission Agreement will be to render the Asset
Sale Agreement void and a legal nullity, with Renegade and Camtech being returned to the position in which they were in before
they entered into the Asset Sale Agreement.
The description of the terms and conditions of the Rescission Agreement
set forth herein does not purport to be complete and is qualified in its entirety by reference to the terms of the Rescission Agreement,
which is filed as Exhibit 10.1 to this Current Report.
1
Asset Sale Agreement between Novagen Precision Engineering Pty
Ltd. and Camtech Investments Pty Ltd.
On December 27, 2013, Novagen Precision Engineering Pty Ltd. ("Precision"),
a wholly-owned subsidiary of the Registrant, entered into a written agreement (the "NPE Agreement") to acquire certain
precision milling equipment (the "Equipment") from Camtech for cash consideration of A$270,000 (US$239,936.02). The
acquisition of the Equipment completed on December 27, 2013.
Camtech has warranted that the Equipment is its sole and absolute
property and is not subject to any encumbrance.
The NPE Agreement sets out the entire agreement and understanding
between Precision and Camtech with respect to the subject matter of the NPE Agreement and supersedes all prior agreements, understandings
and representation.
The Board of Directors of the Registrant approved the NPE Agreement
and the transactions contemplated thereby after determining that they were fair to and in the best interests of the Registrant.
Except as already described in this Current Report, there was no
material relationship between Camtech or Munro Family Trust and any of the Registrant, Precision, or any of their respective subsidiaries,
directors or officers or any associate of any such directors or officers prior to execution of the NPE Agreement.
The description of the terms and conditions of the NPE Agreement
set forth herein does not purport to be complete and is qualified in its entirety by reference to the terms of the NPE Agreement,
which is filed as Exhibit 10.2 to this Current Report.
Item 1.02
Termination of a Material Definitive Agreement.
The information contained in Item 1.01 of this Current Report on
Form 8-K is incorporated by reference into this Item 1.02.
Item 2.01
Completion of Acquisition or Disposition of Assets.
The information contained in Item 1.01 of this Current Report on
Form 8-K is incorporated by reference into this Item 2.01.
Item 9.01
Financial Statements and Exhibits
(d)
Exhibits
10.1
Rescission Agreement dated December 27, 2013, between Renegade Engine Company Pty Ltd. and Camtech Investments Pty Ltd. as trustee for Munro Family Trust
10.2
Asset Sale Agreement dated December 27, 2013, between Novagen Precision Engineering Pty Ltd. and Camtech Investments Pty Ltd. as trustee for Munro Family Trust
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned, hereunto duly
authorized.
NOVAGEN INGENIUM INC
Date:  December
31, 2013
By
/s/ Micheal Nugent
Name: Micheal P. Nugent
Title: President and CEO