Argentum 47, Inc. announced that, on April 29, 2022, the Company has acquired The Data Source (UK) Limited. The basis of the transaction was for Argentum 47 Inc. to acquire 100% of The Data Source (UK) Limited by way of management relinquishing their personal right, title and interest in (i) 40,000,000 shares of Argentum's issued and outstanding Series B Preferred Stock, (ii) 4,378,888 shares of Argentum's issued and outstanding Series C Preferred Stock and (iii) 21,500,000 shares of Argentum's issued and outstanding Common Stock, which shares of Series B and C Preferred Stock and Common Stock constitute 51% of the voting stock of Argentum on fully diluted and converted basis (Control Block). Additional shares of Argentum 47, Inc. Common Stock will be issued to the TDS shareholders post-closing.

Prior to closing the transactions, Mr. Nicholas Tuke also resigned as the company's CEO. Mr. Alan Devlin is the Company's newly appointed CEO.