TX Holdings extends expiration of warrants sold in $1.24 million placement

By Devika Patel

Knoxville, Tenn., Dec. 12 - TX Holdings, Inc. amended the terms of a $1.24 million private placement of units that settled in 2006, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company sold 4,633,324 units of one common share and one two-year warrant.

The warrant was amended on Dec. 10, and its maturity extended to Feb. 27, 2009. In all other particulars the warrants will remain unchanged.

Based in Miami Beach, Fla., TX Holdings is an oil and natural gas exploration, development and production company focused on properties in Texas, Louisiana and Oklahoma.

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