Honey Cereal Bites

In a large bowl, combine cereal, peanuts and sesame seeds. In a small saucepan over low heat, cook brown sugar, honey and butter, stirring frequently until smooth. Pour over cereal mixture and toss to coat. Spread in two ungreased 13-in. x 9-in. x 2-in. baking pans. Bake at 275 degrees F for 45 minutes, stirring every 15 minutes. Cool. Store in an airtight container.