Argentum 47, Inc. (OTCPK:ARGQ) announced that it has entered into investment and funding agreement to issue convertible note of minimum amount of $3,000,000 and maximum amount of $5,000,000 on December 3, 2020. The transaction includes participation from YOUR SICAV-SIF – FORTUNA GLOBAL GROWTH. The company will receive funding in multiple tranches. The notes bear fixed rate of interest of 8% per annum and accrue semi-annually. The notes will mature on 18 months and 1 day following the receipt of tranches. The notes are convertible into common shares of the company at a conversion price equal to closing price of company's stock on the NASDAQ OTC Bulletin Board two working days prior to each conversion. The first tranche shall be a minimum of $500,000 and shall be transferred to the company within 10 working days from the date that is formally requested.