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Gold/Mining/Energy : TXHG - TX Holdings, Inc.
TXHG 0.280+4.2%Jan 8 4:00 PM EST

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From: Minty11/20/2006 7:20:44 PM
   of 37
 
NEWS!

TX Holdings, Inc. Retains New Investment Bankers, The Baron Group Ltd.
Monday November 20, 10:31 am ET

ABILENE, Texas--(BUSINESS WIRE)--TX Holdings, Inc. (Pink Sheets:TXHG - News) has retained the Baron Group for investment and merchant banking services. baron.com.hk

ADVERTISEMENT
The Baron Group with offices in Hong Kong, Vancouver B.C. and now New York is very well suited to help us with exciting new opportunities both foreign and domestic.

The partners bring an extensive list of current and previous strategic domestic and international energy clients such as Sinopec Kanton Holdings (NYSE:SHI - News; SAK:SG) and Teton Energy (AMEX:TEC - News). Mark Neuhaus, Chairman stated: "having gotten to know the partners, we look forward to working with Baron as the Company goes into its next stages of growth. They are a very creative and resourceful group that will present us with tremendous opportunities in order to fuel our development."

This will give TX Holdings the financial and strategic strength to continue the rapid rate of growth that we have experienced this past year.

About TX Holdings, Inc.

TX Holdings Inc. is an oil and gas acquisition, development and production company, focusing primarily on shallow low risk, high yield opportunities in west Texas. As previously stated the company has over 55,000,000 barrels of recoverable reserves that it's in the process of bringing into production. www.txholdings.com

About Baron Group Ltd.

Baron Group Ltd. is an international and domestic merchant and investment banking firm with extensive experience in both finance and energy.

Safe Harbor Statement

The information provided in this Press Release does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of TX Holdings, Inc. There are substantial risks associated with investing in development stage energy exploration companies. No securities commission or similar authority has in any way approved any of the information contained in this press release.

Forward-looking statements: This press release and other statements by TX Holding Inc. may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "position," "assume," "potential," "outlook," "continue," "remain," "maintain," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," or similar expressions.

Contact:

TX Holdings, Inc., Abilene
Mark Neuhaus, 682-286-3116
Email: info@txholdings.com
or
Baron Group Ltd.
Marty Lipper, Sr. Investment Analyst, 212-400-4805
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