Emailing Aged Leads Vs. Calling

First post - Just playing with an idea.. I wanted to send out a newsletter with useful information to people as a way to drip market them. I have a bunch of aged leads I purchased, but it seems like emailing people off this list would put me in the sights of the spam police am I right? It seems odd to me that I can call someone (not on DNC obv) cold who filled out a web form a year ago but not send them emails? Does anyone here do this in a way that is safe, say 50 or 100 people a day? I don't really want to get my domain blacklisted for just sending out emails... Opinions?

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