HudBay Minerals (NYSE:HBM) announced that it has acquired 10,127,500 common shares of Panoro Minerals Ltd. at a purchase price of C$0.28 per Share for total consideration of C$2,835,700.

The shares acquired by Hudbay (NYSE:HBM)were purchased over the TSX Venture Exchange pursuant to a private agreement and represent approximately 4.9% of the issued and outstanding Shares. As a result of the investment, Hudbay (HBM) now owns and has control over 22,907,500 Shares, representing approximately 11.2% of the issued and outstanding shares.

Digirad Corporation (NASDAQ:DRAD) announced that it has acquired all the outstanding membership interest of Telerhythmics, a 24-hour cardiac event monitoring service used on an outsourced basis by hospitals and physician offices. Total up front consideration for the purchase was approximately $3.6M, which included a $3.47M cash payment up front and assumption of approximately $131,000 in debt. In addition, there is an earn-out opportunity of up to $501,000 over approximately three years based on meeting certain EBITDA targets.

Telerhythmics will continue to operate from its current facility in Memphis. Telerhythmics generated approximately $5.6M in revenue in 2013. Once Telerhythmics goes through a short integration period, it is expected to be accretive on an EBITDA basis. Under Digirad Corporation (NASDAQ:DRAD)’s  ownership and at the 2013 level of annual revenue, it is expected the business will generate approximately $350,000 of EBITDA in the first twelve months, and then approximately $800,000 of EBITDA annually thereafter.

Digirad Corporation (NASDAQ:DRAD) closed at $3.42 up 2.07% for the session.

Measurement Specialties (NASDAQ:MEAS) announced that it will close and consolidate its U.S. Temperature operations in Dayton, OH, St. Marys, PA, Shrewsbury, MA and Ham Lake, MN into a new Greenfield facility that is being built in Andover, MN. CEO Frank Guidone commented, “This consolidation will not only improve MEAS’ efficiency and capital utilization, but will provide our customers a single point of contact for their temperature sensing needs in the U.S. Restructuring costs including severance, retention, relocation and equipment transfers are expected to be roughly $2.5M-$3.0M while annual savings resulting from consolidation efficiencies are expected to be roughly $2.0M-$2.5M. We will begin moving production in calendar year 2014 and expect to complete all transfers and facility closures by the end of calendar year 2015.”

Measurement Specialties (NASDAQ:MEAS) traded up $.23 for the session, closing at $63.69.