This was just one of the emails I received on Monday. Simply call or email them for confirmation and validation:
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
j.mucha@morrowsodali.com
www.morrowsodali.com
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Sent: Monday, May 14, 2018 11:25 AM
To: ELEC.info<elec.info@morrowsodali.com>
Subject: ELEC/ELECW proxy
Dear Morrows Sodali
This email is direct relationship to ELEC's special meeting of shareholders to be held to approve the proposed Extension Amendment, Trust Amendment, Director Proposal and Auditor Proposal.
There has been no mention of what becomes to ELEC's warrant issuances (ELECW) during the redemption process of the ELEC common shares. Will the warrants associated with ELEC contain any value or will they simply expire much like an option?
Please advise
