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. Peter Smith resigned as sole director of the Company and Mr. Nicholas Tuke also resigned as the company's President and Secretary. Mr. Alan Devlin, the Company's newly appointed President and Secretary, and Mr. Kieran Sweeney, the newly appointed Chairman of the Board and Director, are repositioning The Data Source (UK) Ltd. as an aggressive company this year by taking an integrated approach and focusing on results rather than pursuing a single variable or strategy at the expense of others.