Flato Greens Inc., Dundalk Mixed Use Expansion One Inc., Patterson Street Holdings Inc., Flato North Village Dundalk Inc., Braemore Dundalk Two Inc., Melancthon Meadows Inc., 2760562 Ontario Inc.

Toronto, June 23, 2026 - Pursuant to an Order of the Ontario Superior Court of Justice (Commercial List) dated June 23, 2026, (the “Appointment Order”), TDB Restructuring Limited was appointed as receiver and manager (the “Receiver”) without security, of all of the assets, undertakings and properties of Flato Greens Inc., Dundalk Mixed Use Expansion One Inc., Patterson Street Holdings Inc., Flato North Village Dundalk Inc., Braemore Dundalk Two Inc., Melancthon Meadows Inc., 2760562 Ontario Inc. (individually, each a “Debtor” and collectively, the “Debtors”), including the real properties municipally known as (a) 241 Patterson Street North, Beeton, Ontario (b) 381 Braemore Street West, Dundalk, Ontario, (c) 421 Braemore Street West, Dundalk, Ontario, (d) 772288 Highway 10, Dundalk, Ontario, (e), 516276 County Road 124, Melancthon, Ontario, (f) 476259 Third Line, Melancthon, Ontario, (g) 772060 Highway 10, Dundalk, Ontario, and (h) 159135 Highway 10, Melancthon, Ontario, which are legally described in Schedule “A” to the Appointment Order (individually, the "Real Property", and collectively, the “Real Properties”), acquired for, or used in relation to a business carried on by the Debtors.

A copy of the Appointment Order is posted below, and other pertinent public information will be posted to this website as that information becomes available.

Unsecured creditors of the Debtor are asked not to file a proof of claim at this time.

Contact

Should you require additional information, please contact:

Senior Manager

Nisan Thurairatnam

Team

Managing Director

Jeffrey Berger

Team

Managing Director

Bryan A. Tannenbaum

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