Attached files
| file | filename |
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| EX-10 - CRAILAR TECHNOLOGIES INC | f8k02122013ex10.htm |
| EX-99 - CRAILAR TECHNOLOGIES INC | f8k02122013ex99.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
February 12, 2013
CRAILAR TECHNOLOGIES INC.
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British Columbia |
000-50367 |
98-0359306 |
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305-4420 Chatterton Way |
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(250) 658-8582
Registrant's telephone number, including area code
Not applicable
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
Item 1.01 Entry into a Material Definitive Agreement.
On February 12, 2013, Crailar Technologies Inc. ("Crailar") entered into a Development Agreement (the "Agreement") with Cotswold Industries Inc. ("Cotswold") to encompass sustainable pocketing and waist banding for its branded apparel customers.
Pursuant to the Agreement, Crailar and Cotswold will work jointly and individually at their respective facilities, will co-operate in their research and development activities as may be required or expedient, and will use commercially reasonable efforts to develop or create commercially viable crailar fibers in order to facilitate the introduction of crailar fibers into pocketing, interlining and waist banding products. This development program will encompass all research, design, development, improvement and other experimentation and performance testing of crailar fibers during the 240 day term of the Agreement and the provision of reports and advice by the parties to one another with respect to the development of such products, the aim of which is to produce crailar fibers.
The foregoing description of the Agreement is not complete and is qualified in its entirety by reference to the Agreement, which is filed as Exhibit 10.1 hereto.
SECTION 8 - OTHER EVENTS
Item 8.01 Other Events
On January 12, 2013, Crailar Technologies Inc. issued a press release announcing that it has entered a development agreement with Cotswold Industries Inc. to encompass sustainable pocketing and waist banding for its branded apparel customers.
A copy of the press release is attached as Exhibit 99.1 hereto.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Business Acquired
Not applicable.
(b) Pro forma Financial Information
Not applicable.
(c) Shell Company Transaction
Not applicable.
(d) Exhibits
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Exhibit No. |
Description |
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10.1 |
Development Agreement among Crailar Technologies Inc. and Cotswold Industries Inc., dated February 10, 2013. |
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99.1 |
Press Release February 12, 2013. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CRAILAR TECHNOLOGIES INC. |
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DATE: February 12, 2013 |
By: /s/ Guy Prevost |
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