Novagen Ingenium Inc. (OTCPK:NOVZ) entered into an agreement to acquire Syndicated Transport and Trucking Pty Ltd from Fire From Ice Studios Pty Ltd and 5 Glenelg Pty Ltd for $0.84 million on June 19, 2017. Under the terms of the transaction, Novagen Ingenium will issue 6 million shares as consideration and will acquire 0.01 million shares. The Directors of Syndicated Transport agree to retain their positions and office as Directors and where applicable secretary of the Syndicated Transport until completion. Fire From Ice Studios Pty Ltd and 5 Glenelg Pty Ltd agreed to accept the resignations as a Director and where applicable secretary and to elect at least two persons to attend the meeting and table consents to be appointed Directors and at least one of them a secretary and public officer of Syndicated Transport and Trucking. The acquisition was approved by the Novagen 's board. The transaction is expected to close on or before June 30, 2017.