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16.04.2008
Amera Announces $500,010 Brokered Private Placement


Amera Announces $500,010 Brokered Private Placement

Amera Resources Corporation (the “Company”)(AMS-TSX.V; AJRSF-OTC; OAY-Frankfurt) In light of current market conditions, the Company will not proceed with the non-brokered private placement announced in the news release of March 26, 2008.

Amera has negotiated a brokered private placement of 3,571,500 units (“Units”) to raise up to $500,010, with Canaccord Capital Corporation (“Canaccord”). The Units will be priced at $0.14 per Unit and the Unit will consist of one common share of the Company and one half of one common share purchase warrant. Each whole warrant (a “Warrant”) will entitle the owner to purchase one common share of the Company at a price of $0.18 for a period of 24 months from the closing which is expected to be on or before May 15, 2008.

The Company will pay Canaccord a commission of 8.0% of the gross proceeds in cash or in Units at the election of the Agent on closing. On completion of this offering, the Company shall issue to the Agent, that number of Warrants (“Agent’s Warrants”), equal to 8% of the Units issued pursuant to the Offering. Each Agent’s Warrants will be exercisable at a price of $0.18 per share to acquire a common share of the Company for up to 24 months from the date of issue.

This financing is subject to regulatory approval and a four-month hold period.

The proceeds from this financing will be used for general working capital and for further exploration and development of the Company’s property portfolio in Peru.

Amera Resources Corporation is a metals exploration company focused on the Americas. Its strength lies in the discovery and advancement of prospective properties throughout North and South America. The Company is in the midst of an aggressive exploration program focused on its property portfolio in Peru. Management is constantly evaluating new opportunities through its extensive network of contacts in the resource sector. The Amera team is committed to growth and adding shareholder value through precious and base metal discoveries.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

Mr. Nikolaos Cacos, President & CEO

For further information please contact Alex Mason, Corporate Communications, at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@ameraresources.com, or visit the Company’s web site at http://www.ameraresources.com.

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