AMCON Distributing Company (Amex: DIT) and Hawaiian Natural Water Company, Inc. (OTC Bulletin Board: HNWC) announced today that they have entered into a merger agreement, pursuant to which Hawaiian Natural would be merged with and into, and thereby become, a wholly-owned subsidiary of AMCON. The merger consideration values the entire common equity interest in HNWC at $2,865,348, payable in Common Stock of DIT, which will be priced no lower than $6.

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