Spray a 9 x 9 inch baking pan with non-stick spray.
Place all ingredients in a bowl and toss to coat the peaches in all ingredients. Pour into the prepared baking pan and set aside.
For the Cobbler Topping
Preheat oven to 350 degrees.
Combine all ingredients and gently stir until just combined. Drop by the spoonful on top of the peaches. Place in the oven and bake 35-45 minutes, or until lightly golden on top. Serve warm.