Cobra Resources plc announced that Craig Moulton has resigned from his position of Managing Director. Mr. Moulton will stay on as Managing Director and as a member of the Board of Directors of the Company for up to six months to assist the Company in an orderly transition of executive responsibilities. The board will immediately commence a process to identify and select a Chief Executive Officer to lead the next phase of expansion of the Wudinna Project Mineral Resource inventory and will provide further updates in due course.