OTTAWA, ONTARIO--(Financial Press - January 10, 2013) Gannibal Securities and the family office of Michael Bailey is pleased to announce that it has retained True North Advisers. to provide mergers & acquisition advisory services to consult Mr. Bailey's takeover bid and negotiate terms with the PNG government upon the completion of the Nautilus Minerals go private transaction. Mr. Michael Jaliman will act as the lead consultant on the transaction.
Michael Jaliman assists clients with business strategy, organizational development and executive coaching. Michael has served as Senior Managing Director at Fujitsu Consulting and as the regional head of its financial services practice. At McKinsey & Company, he developed transformational leadership training and worked on corporate strategy. As Director of Strategic Planning at KPMG Asia Pacific, Michael developed strategy for building KPMG's consulting practice in Asia and served as an adviser to business and government leaders. As Executive Vice President of Twenty First Century Venture Partners, Michael invested in and advised early stage technology companies.
Michael advised the major political parties in Taiwan, and organized and moderated that nation's first election debate. He was a major party candidate for the United States Congress from New York. Michael has worked with several notable visionaries including Buckminster Fuller and Dr. Jonas Salk, and has provided policy advice to U.S. political and economic leaders during the recent near collapse of the financial sector.
Mr. Jaliman was awarded a B.A. with honors in economics from the University of Wisconsin at Madison, where he was the President of the Student Government. He also has an MBA from Harvard Business School.
The term of the consulting engagement is for seven months at a fee of $100,000; however, the agreement may be terminated after month six. Mr. Bailey has granted to True North Advisers. an option to purchase a total of 175,000 common shares of the private company at $7.00 which shall vest quarterly in accordance with the policies of the TSX. All shares acquired are subject to a 4-month hold period which commences on the date of grant.
True North Advisers
10 West 33rd Street
Gannibal Securities (Canada) Ltd.
45 O'Connor Street, 1150
Ottawa, Ontario, Canada
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