You have to be careful with hacking US TG16 games. The dumbass who's responsible for most of the US rom dumps, left the format in inverted byte format (all because the bus lines are switched on the US models). If you have one of these roms, you won't be able to edit in a hex editor until you reverse all the bytes (bits in the byte).
That said, most text in roms of that era - aren't in ascii format. Especially of the game didn't originate from the west.