In a medium bowl combine oats and cereal; set aside. In a small saucepan combine coconut oil, honey and brown sugar. Heat over medium heat until sugar is dissolved. Bring to a boil and remove from heat. Add the peanut butter and vanilla and stir until mixture is smooth. Pour over oat mixture and stir until evenly coated. It might not seem like there is enough liquid, but just keep stirring and it will all come together.
Press mixture into a 8"x8" baking pan (or similar size). Top with mini chocolate chips and press down slightly. Allow to set for several hours or until firm. Cut into 10 bars. If taking in lunches, wrap individual bars in plastic wrap.