CRAiLAR Receives CAD$2.0 Million Private Placement from Hydra Ventures B.V.

CRAiLAR Receives CAD$2.0 Million Private Placement from Hydra Ventures B.V. 
PORTLAND, OR, Dec. 19, 2013 /CNW/ - CRAiLAR Technologies Inc. (TSXV: CL) 
(OTCQB: CRLRF), which produces and markets CRAiLAR® Flax fiber The 
Friendliest Fiber On The Planet™, today announced that it has finalized 
negotiations to enter into a proposed CAD$2.0 million private placement 
investment (the "Private Placement") with Hydra Ventures B.V., the corporate 
venture arm of the adidas Group (FRA: ADS). 
In conjunction with the proposed Private Placement, Hydra Ventures has agreed 
to subscribe for up to 3,333,333 units of the Company (each a "Unit"), at a 
proposed subscription price of CAD$0.60 per Unit, with each Unit being 
comprised of one common share and one common share purchase warrant of the 
Company with each warrant being exercisable for a period of five years from 
closing at an exercise price of CAD$0.70 per warrant common share. 
Proceeds from the proposed Private Placement will be utilized for general 
corporate and working capital purposes. 
"We are very pleased that adidas Group's Hydra Ventures have invested in 
CRAiLAR," said Ken Barker, CEO. "As a global leader in the advancement of 
sustainability and sports performance, we believe that our relationship with 
such an iconic sports company will help deliver a CRAiLAR brand and product 
message to some of the most loyal consumers on the planet." 
In conjunction with the completion of the proposed Private Placement certain 
Company creditors have agreed to extend the term of their current loans to the 
Company (the "Extension") and, in consideration thereof, one such Company 
creditor and director will receive an aggregate of 181,666 bonus common shares 
of the Company, at a deemed issuance price of CAD$0.60 per common share, for 
such Extension (the "Bonus Share Issuance"). 
Each of the proposed Private Placement and Bonus Share Issuance by the Company 
is subject to definitive documentation and prior TSX Venture Exchange approval 
to the completion thereof. 
About HYDRA VENTURES 
Launched in 2011, Hydra Ventures is the corporate venture arm of adidas AG, 
and is dedicated to exploiting new market opportunities by creating and 
developing new consumer brands and trends in the apparel, footwear and 
sports-related areas. In addition special consideration is given to companies 
with sustainable or socially responsible attributes. For more information, see 
www.hydra-ventures.com 
About CRAiLAR Technologies Inc. 
CRAiLAR(R) Technologies Inc. offers cost-effective and environmentally 
sustainable natural fiber in the form of flax, hemp and other bast fibers for 
use in textile, industrial, energy, medical and composite material 
applications. Produced using a fraction of water and chemical inputs compared 
with other natural fibers, CRAiLAR Flax is the newest natural fiber 
introduction to the market in decades. The Company supplies its CRAiLAR Flax 
to HanesBrands, Georgia-Pacific, Tuscarora Yarns, Target Corp. and Kowa 
Company for commercial use, and to Levi Strauss & Co., Carhartt, Ashland, PVH 
Corp., Cotswold Industries, Cone Mills and Lenzing for evaluation and 
development. The Company was founded in 1998 as a provider of environmentally 
friendly, socially responsible clothing. For more information, visit 
www.crailar.com. 
Safe Harbor Statement 
This news release includes certain statements that may be deemed 
"forward-looking statements". All statements in this news release, other than 
statements of historical facts, are forward-looking statements. 
Forward-looking statements or information are subject to a variety of risks 
and uncertainties which could cause actual events or results to differ 
materially from those reflected in the forward-looking statements or 
information and including, without limitation, risks and uncertainties 
relating to: completion of a definitive agreement and acquisition of the 
European Wet Processing facility, any market interruptions that may delay the 
trading of the Company's shares, technological and operational challenges, 
needs for additional capital, changes in consumer preferences, market 
acceptance and technological changes, dependence on manufacturing and material 
supplies providers, international operations, competition, regulatory 
restrictions and the loss of key employees. In addition, the Company's 
business and operations are subject to the risks set forth in the Company's 
most recent Form 10-K, Form 10-Q and other SEC filings which are available 
through EDGAR at www.sec.gov. These are among the primary risks we foresee at 
the present time. The Company assumes no obligation to update the 
forward-looking statements. 
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as 
that term is defined in the policies of the TSX Venture Exchange) accepts 
responsibility for the adequacy or accuracy of this release
 

SOURCE  Crailar Technologies Inc. 
Media Contact: Jay Nalbach, CMO (503) 387-3941 pr@crailar.com 
Investor Relations Contact: Ted Sanders, CFO (503) 387-3941 ir@crailar.com 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/December2013/19/c5799.html 
CO: Crailar Technologies Inc.
ST: Oregon
NI: TEX NASDAQ PVT NEWSTK  
-0- Dec/19/2013 14:41 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.