Moreton Resources Ltd. advised that Mr. Phillip Bryant has resigned from the Board as Managing Director. Mr. Bryant will continue as CEO in a part-time capacity as a result of working with the Board to undertake cost cutting measures. Mr. John Haley has subsequently joined the board as a Non-Executive Director. Mr. Haley is a chartered accountant with almost 40 years work experience in executive roles including over 20 years' experience with junior mining companies in Australia and Canada.