SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
May 13, 2016
Date of Report
(Date of Earliest Event Reported)
GLOBAL MARINE MINERALS, INC.
(Exact Name of Registrant as Specified in its Charter)
BURNEY HILL ACQUISITION CORPORATION
(Former Name of Registrant as Specified in its Charter)
Delaware 000-55559 81-1004037
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
1432 Old Highway 99 North
Bellingham, Washington 98229
(Address of principal executive offices) (zip code)
360-770-5027
(Registrant's telephone number, including area code)
215 Apolena Avenue
Newport Beach, California 92662
(Former Address of Principal Executive Offices)
ITEM 3.02 Unregistered Sales of Equity Securities
On May 13, 2016,Global Marine Minerals, Inc. (formerly Burney Hill
Acquisition Corporation) (the "Registrant" or the "Company") issued
5,000,000 shares of its common stock pursuant to Section 4(2) of the
Securities Act of 1933 at par representing 91% of the total outstanding
5,500,000 shares of common stock as follows:
5,000,000 Jerry A. Hayes
With the issuance of the stock and the redemption of 19,500,000
shares of stock (discussed below), the Company effected a change in
its control and the new majority shareholder(s) elected new management
of the Company. The Company may develop its business plan by future
acquisitions or mergers but no agreements have been reached regarding
any acquisition or other business combination. The Company changed its
name as part of the change in control. If the Company makes any
acquisitions, mergers or other business combination, the Company will
file a Form 8-K but until such time the Company remains a shell company.
ITEM 5.01 Changes in Control of Registrant
On May 16, 2016, the following events occurred which resulted in a
change of control of the Registrant:
1. The Registrant redeemed an aggregate of 19,500,000 of the then
20,000,000 shares of outstanding stock at a redemption price of $.0001
per share for an aggregate redemption price of $1,950.
2. The then current officers and directors resigned.
3. New officer(s) and director(s) were appointed and elected.
The disclosure required by Item 5.01(a)(8) of Form 8-K was previously
filed with the Securities and Exchange Commission on Form 10-12G filed on
January 7, 2016 as amended and supplemented by the information contained
in this report.
The Registrant is anticipates that it will develop, through acquisition
of a private company or development of its business plan, as a company
focusing on the locating, claiming and mining of ocean minerals utilizing
modern low-impact and environmentally safe mining technology. The Registrant
anticipates that it will design, build and deploy undersea technology, subsea
crawlers, ROVs and environmental protection equipment so that it can mine
global marine minerals responsibly and sustainably.
ITEM 5.02 Departure of Directors or Principal Officers;
Election of Directors
On May 13, 2016 the following events occurred:
James M. Cassidy resigned as the Registrant's president, secretary
and director.
James McKillop resigned as the Registrant's vice president and
director.
Jerry A. Hayes was named the director of the Registrant.
Jerry A Hayes was appointed President, Secretary and Treasurer
of the Registrant.
Jerry A. Hayes, serves as the sole officer and director of the Registrant.
Mr. Hayes has a lifetime involved in industrial logging, fishing, mining,
farming and construction. Since he was a teenager, Mr. Hayes has been dredging
on his family's gold claim. He has started and operated a variety of related
businesses including king crab boats and construction. Since 2013, Mr. Hayes
has concentrated his efforts on developing offshore mining interests centered
in Nome, Alaska.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunder duly authorized.
GLOBAL MARINE MINERALS, INC.
Date: May 16, 2016
/s/ Jerry A. Hayes
Presiden
