Casey Container Signs $1.5M Stock Purchase Agreement with Aruba Brands

Biodegradable plastics manufacturer Casey Container Corp. (CSEY) today announced it has signed a $1.5 million Stock Purchase Agreement with Aruba Brands, Corp. (“Aruba Brands”), formerly Taste of Aruba (U.S.), Inc. Aruba Brands has agreed to acquire restricted Common shares equal to 19.9% of Casey Container's issued and outstanding Common shares after funding of the $1.5 million. Funding is expected to be provided in tranches completed within the 90 day requirement of the Stock Purchase Agreement. Near completion of its own equity funding, Aruba Brands anticipates shipping its bottled water in early first quarter 2014. The two companies signed a multi-year Product Purchase Agreement previously for Casey Container to