Ontario · Receivership (court-appointed)

Notice & Statement of the Receiver dated August 10, 2026

Notice to creditors · 10 August 2026

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financial positionnote: Document states book value of total assets was approximately $6.4 million as at May 31, 2026; total liabilities not stated in this document (preliminary creditor list on page 4 shows total secured $4,995,000 and total unsecured $4,928,300 with combined total $9,923,301, but these are the creditor list totals, not a balance-sheet liabilities figure). · page: 1 · as at: 2026-05-31 · basis: unaudited balance sheet, book value · scope: entity (1001281812 Ontario Inc. o/a TNT Panel Company) · currency: CAD · total assets: 6400000
secured creditorsnote: Prose states approx. $4,065,362 as of June 30, 2026 (combined facility owing to Celina as agent for secured lenders, principal amount per receivership application materials, with interest and costs continuing to accrue). Preliminary list of creditors as at July 31, 2026 (page 4) breaks this out separately as Celina Capital Corporation $2,600,000 and Fox Investments Inc. $2,395,000 (total secured $4,995,000 per that list) - not summed here per reporting rules; both figures given for same underlying facility. · page: 2 · as of: 2026-06-30 · amount: 4065362 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Celina Capital Corporation (as agent) · currency: CAD · security: General security interest in all present and after-acquired personal property, pursuant to loan and security agreement dated August 11, 2025
secured creditorsnote: From preliminary list of creditors as at July 31, 2026 (unaudited). · page: 4 · as of: 2026-07-31 · amount: 2395000 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Fox Investments Inc. · currency: CAD · security: General security interest in all present and after-acquired personal property (loan and security agreement dated August 11, 2025, Celina acting as agent)
secured creditorsnote: From preliminary list of creditors as at July 31, 2026 (unaudited). · page: 4 · as of: 2026-07-31 · amount: 2600000 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Celina Capital Corporation · currency: CAD · security: General security interest in all present and after-acquired personal property (loan and security agreement dated August 11, 2025, Celina acting as agent)
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 2613725 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Terra Nova Truss · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 213362 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: A1 Carpentry Incorporated · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 509 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Armstrong Pumping Service · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 13597 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Bissett · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 11978 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Capital Equipment Brokers Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 209 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Carelton Iron Works Co Limited · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 1000 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Chapeski Cleaning · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 2204 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Christmas Steel · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 27857 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Clay Becker Construction · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 38985 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Cody Moore · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 678 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Cogeco Connexion Inc. · currency: CAD
unsecured creditorsnote: Separate account listed distinct from other Cogeco Connexion Inc. entry · page: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 282 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Cogeco Connexion Inc (66344) · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 2236 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: CorCann Heating and Cooling · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 365 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Culligan · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 128216 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Dakeryn Industries Limited · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 2952 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: De Lage Landen Financial Services Canada Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 2509 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Drake International Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 367 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Dunnfield · currency: CAD
unsecured creditorsnote: Related entity name similar to secured creditor Fox Investments Inc.; document does not state relationship - listed as unsecured per document · page: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 280161 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Fox Developments Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 6142 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Glenview Iron and Metal Ltd · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 1571 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Greater Ottawa Home Builders' Association · currency: CAD
unsecured creditorsnote: Separate account from other Hydro One entry · page: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 140 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Hydro One Networks Inc. (200329231307) · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 2830 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Hydro One Networks Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 3228 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Labortek · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 301 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Levac Supply · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 16759 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Location de Grues Gaetan Roy Ltee · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 8264 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Londry Alarms · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 1130 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Mitek Canada Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 1203 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: NextGen Signs Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 153 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: 4 Office Automation · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 271 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Ogilivie's Auto & Fleet Service · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 2020 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Roc Corp · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 573 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Rogers · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 18039 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Rona Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 347 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Sani-Sol Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 122 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Telus · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 736 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Tenaquip Limited · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 8532 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: TRS Components Limited · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 45078 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Chuck Becker Construction · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 1175 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Waste Connections of Canada Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 905 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: W.O. Stinson & Sons Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 1769 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Wright Way Welding & Fabrications Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 7388 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: WSIB Ontario · currency: CAD
unsecured creditorsnote: Listed as ordinary unsecured; document does not label as deemed trust · page: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 13832 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Canada Revenue Agency · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 584 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Upper Canada Office Systems · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 660305 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Royal Bank of Canada · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 392116 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: Northpoint Commercial Finance / LBC Capital · currency: CAD
unsecured creditorspage: 4 · as of: 2026-07-31 · basis: Preliminary listing of creditors as at July 31, 2026 (unaudited) · amount: 391599 · debtor: 1001281812 Ontario Inc. o/a TNT Panel Company · creditor: National Bank Equipment Financing / CWB National Leasing Inc · currency: CAD