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1.
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Grease a 9x9 (or 9x13 for thinner squares) pan and line a large baking sheet with parchment paper.
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Place all of the marshmallows onto the baking sheet so they are evenly distributed.
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2.
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In a small saucepan over medium-low heat, melt caramels and stir in heavy cream.
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Add the kosher salt.
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Leave on low heat (and stir every once in awhile) while you prepare the other ingredients.
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3.
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In large saucepan or pot, melt butter on low.
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While butter is melting, set oven to broil and broil marshmallows for 1-2 minutes or until the tops are a dark brown color (I like some of mine to be burnt, but you can take the pan out earlier if you dont like that).
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Immediately after marshmallows are done, remove them from the oven, scrape them off the parchment paper into the melted butter and stir in vanilla extract.
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Once there are no longer big chunks of marshmallow, pour in the cereal and stir.
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Once the cereal is fully coated, gently fold in the caramel sauce.
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4.
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Gently press the cereal mixture into the prepared pan until even.
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Dont squash the mixture too much or it can get tough and hard to eat later on.
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I like to use a rubber spatula sprayed with cooking spray, to minimize sticking.
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You can sprinkle another pinch of kosher salt over the squares if you like.
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Allow mixture to cool.
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Cut and serve.