Amera Resources Corporation
OTC Bulletin Board : AJRSF

Amera Resources Corporation

November 15, 2006 15:00 ET

Amera Resources Corporation: Private Placement Announced

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 15, 2006) - Amera Resources Corporation (TSX VENTURE:AMS)(OTCBB:AJRSF)(FWB:OAY)(WKN A0B54E) is pleased to announce a non-brokered private placement financing of up to 1,500,000 units at a price of $0.35 per unit, subject to regulatory approval. Each unit will consist of one common share and one common share purchase warrant. Each full warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company exercisable at a price of $0.45 per share for two years, commencing on the date of the closing of the placement. Directors, officers and business associates will subscribe for a portion of the financing.

The proceeds will be used for general working capital. The placement securities will be issued subject to a four month hold period.


Mr. Nikolaos Cacos, President & CEO

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

2006 Number 19

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

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