Electrum Special Acquisition Corp (fka ELECW)

[Smilin_B]

This email just in from ELEC's proxy solicitor, Morrow Sodali, LLC.

It certainly pays to do your due diligence.

Im sorry everyone:

From: [e-mail]

To: [e-mail]

Monday May 14, 11:42am

Mr. xxxxxxx

We have been informed that Electrum has decided not to go ahead with a Special Meeting to extend the life of the SPAC. As a result, Electrum will liquidate, thus the warrants will have no value once the liquidation happens. Attached is the SEC filing announcing the liquidation.

Morrow Sodali

Jerry Mucha Chief Administrative Officer - US?

470 West Ave., Suite 3000, Stamford, CT 06902
T 203-658-9427
M 203-979-4268
[e-mail]

www.morrowsodali.com