Casey Container Corp. (OTCPK:CSEY) signed a $10 million stock purchase agreement consisting of $5 million in equity and $5 million in long-term debt. According to Chief Executive Officer and President Martin Nason, "This is a very exciting time for the Company and its shareholders.

The size, structure, and completion of this financing will provide working capital and funds for a possible acquisition that would enable Casey to be a significant player in the biodegradable plastics industry."