Hydra Ventures B.V. acquires position in CRAiLAR Technologies Inc. pursuant to a CAD$2.0 Million Private Placement

Hydra Ventures B.V. acquires position in CRAiLAR Technologies Inc. pursuant to 
a CAD$2.0 Million Private Placement 
For dissemination in Canada and over Canadian news services only 
TORONTO, Dec. 24, 2013 /CNW/ - Hydra Ventures B.V. (the "Offeror") announces 
that on December 20, 2013 it acquired a total of 3,333,333 units of CRAiLAR 
Technologies Inc. (the "Issuer") at a price of CAD$0.60 per unit for an 
aggregate purchase price of CAD$2.0 million on a private placement basis 
pursuant to the terms of a subscription agreement entered into on December 18, 
2013 (the "Private Placement"). 
Each unit is comprised of one common share (the "Common Shares") and one 
common share purchase warrant (the "Warrants") of the Issuer 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. 
As a result of this subscription the Offeror owns 3,333,333 Common Shares, 
representing approximately 6.9% of the total outstanding Common Shares of the 
Issuer (after giving effect to the Private Placement) and 3,333,333 Warrants 
exercisable for an aggregate of 3,333,333 Common Shares. Accordingly, on an 
aggregate basis, assuming the exercise of the Warrants currently held, the 
Common Shares then held by the Offeror would represent approximately 13.0% of 
the total outstanding Common Shares of the Issuer, on a partially-diluted 
basis. 
The Issuer's securities were acquired for investment purposes. The Offeror 
may, from time to time, acquire additional securities of the Issuer and/or 
dispose of such securities as they may deem appropriate. 
This news release has been disseminated in accordance with the early warning 
requirements of Canadian provincial securities laws. 
Launched in 2011, the Offeror 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. 
The dissemination of this release in the United States or to any United States 
news service may constitute a violation of U.S. securities laws.
 

SOURCE  Hydra Ventures B.V. 
Uwe Reiner, M&A/Corporate Ventures, adidas AG, phone: +49.9132.84.75539,  
e-mail:uwe.reiner@adidas-group.com. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/December2013/24/c6643.html 
CO: Hydra Ventures B.V.
ST: Ontario
NI: MNA PVT  
-0- Dec/24/2013 17:37 GMT