FingerMotion, Inc. reports developments as a mobile services, data and technology company with core operations in China mobile payment, recharge and top-up platform solutions. News commonly covers operating results, capital management, material agreements and updates tied to mobile recharge, value-added services, data-driven analytics and technology collaborations.
Company updates also include activity at Shanghai JiuGe Information Technology Co., Ltd., including the JiuGe Procurement Platform for enterprise procurement, rewards and user-engagement programs connected to telecom operators and commercial partners. Governance items, annual meeting results and capital-structure actions are recurring disclosure themes for FNGR.
FingerMotion (FNGR) reported indications of interest for approximately 52.5 MW in its Alberta power-and-compute program on September 24, 2026.
The program under development comprises ten 9.9 MW generation and data hall sites grouped into four campuses in the Brooks, Coronation, Fox Creek and Vulcan Zones. It represents 99 MW of gross generation capacity and approximately 72 MW of continuous critical IT capacity. The interest is nonbinding: no customer offtake agreement has been executed, and no contract is guaranteed.
Two sites, Brooks Campus #1 and Hanna Campus #1, have been secured through binding letters of intent; definitive agreements are expected to close in October. Requests for proposals for on-site generation equipment are in progress for both sites. Project financing has not been announced. FingerMotion intends to secure land with power, obtain permits and contract capacity before starting construction.
FingerMotion (FNGR) entered a binding letter of intent to acquire approximately 20.2 acres of industrial land in Hanna, Alberta, for its second campus under a 99 MW Alberta power and compute program.
The Hanna site, at 409 Pioneer Trail South, has 3 MW of grid power under an agreement with the Town of Hanna and a natural gas interconnection via ATCO Energy to support behind-the-meter generation. FingerMotion plans to develop it as Hanna Campus #1, a 9.9 MW location within its Brooks Zone, targeting AI and high-performance computing clients under long-term contracts. Each campus in the 99 MW program is designed below 10 MW to use Alberta Utilities Commission Rule 007’s streamlined approval path and will be held in a separate subsidiary. Development, permitting and construction across the program will be carried out by BlueFlare Group Holdings of Calgary. Closing of the Hanna land acquisition remains subject to due diligence, a definitive agreement and customary conditions.
FingerMotion (FNGR) outlined progress on a 99 MW behind-the-meter power and data hall development program in Alberta across ten 9.9 MW sites.
The projects are grouped into four campuses in Brooks, Coronation, Fox Creek and Vulcan, each held in a dedicated project company wholly owned by FingerMotion, which retains all project-level economics, land, permits and site agreements. BlueFlare Group handles development, construction and operations without owning project assets. FingerMotion aims to complete permitting for all ten sites by end of first quarter 2027, start energizing sites in late fourth quarter 2026, and contract capacity to AI and high-performance computing customers under long-term take-or-pay agreements before committing construction capital. The company also plans to seek permits for an additional fifteen 9.9 MW sites starting in first quarter 2027.
FingerMotion (FNGR) reported that in the first 30 days under new management it has approximately $5.1 million in cash and has reduced its monthly cash burn by nearly 30%.
The company attributes the stronger liquidity to recent financing activity, including a registered direct offering completed on August 31, 2026, and tighter working-capital management. New leadership implemented a company-wide efficiency program targeting overhead, vendor spend, and non-core costs, and plans to pursue further process improvements while reallocating resources toward a North American enterprise compute strategy.
FingerMotion also terminated its at-the-market issuance sales agreement with R.F. Lafferty & Co., preferring more discrete, negotiated financings in the near term.
FingerMotion (FNGR) signed a binding memorandum of understanding to acquire land rights and permitting for a 9.9 megawatt behind-the-meter power generation and compute site in the County of Newell, Alberta. The site, about 185 kilometres southeast of Calgary, is the first acquisition in the Brooks Campus Zone, where the company plans multiple separately owned 9.9 MW sites operated by a single field organization as client demand for powered land grows.
The industrial-capable parcel is adjacent to an operating third-party natural gas facility, enabling onsite power generation and consumption without grid interconnection requests, interconnection queues or transmission service arrangements. FingerMotion plans to permit the project under Alberta Utilities Commission Rule 007 as a sub-10 MW plant with an Industrial System Designation and targets a fully permitted site within 120 days of release to work. Development will follow three phases—permitting, energization, and modular data hall buildout—aligned with contracted customer demand, with BlueFlare Group Holdings providing Alberta-based development and operations support.
FingerMotion (FNGR) entered a non-binding three-party memorandum of understanding in September 2026 with Lyken.AI and BlueFlare to coordinate enterprise AI demand with potential behind-the-meter compute capacity in Western Canada.
The MOU sets a preferred, non-exclusive demand-to-capacity matching framework linking Lyken’s AI and high-performance computing client pipeline to modular behind-the-meter sites evaluated under FingerMotion’s existing BlueFlare alliance. Initial focus regions are Alberta, British Columbia and Saskatchewan, with other jurisdictions possible by agreement. The framework does not grant exclusivity, capacity reservations, minimum commitments or pricing and can only lead to projects through separate definitive agreements.
FingerMotion recently acquired a 9.9% interest in Lyken and continues multi-site development planning with BlueFlare, while conducting non-binding discussions with multiple natural gas and midstream counterparties on potential firm supply for planned Alberta corridor sites. No gas supply, offtake, financing or project-level agreements have been executed, and each opportunity will be evaluated case by case under customary technical, commercial, financing and regulatory conditions.
Alset AI Ventures (GPUSF) and FingerMotion (FNGR)/b) announced a non-binding memorandum of understanding dated September 2, 2026 among Lyken.AI, FingerMotion and BlueFlare to support an enterprise AI and high-performance computing infrastructure strategy.The framework positions Lyken.AI, 90.1%-owned by Alset AI, as the customer-facing demand and managed-services layer, matching its enterprise AI and HPC workload pipeline with potential behind-the-meter power capacity evaluated or developed under FingerMotion’s existing BlueFlare alliance, initially in Western Canada. FingerMotion is contemplated as project owner-operator and sponsor, while BlueFlare remains the primary development partner for site origination, power solutions, engineering, construction and operations.
The MOU is explicitly non-binding, non-exclusive and does not guarantee capacity, funding, pricing, ownership, or development schedules. Any project commitments, capacity allocations or commercial rights would arise only under future definitive agreements evaluated on a project-by-project basis.
FingerMotion (Nasdaq: FNGR) outlined a new strategic plan with BlueFlare Energy Solutions to develop behind-the-meter, gas‑fired, modular AI/HPC data center capacity in Western Canada, with potential expansion into the United States, while continuing its existing mobile payment, recharge and data-analytics operations in China.
New management’s first executed step was the August 17, 2026 acquisition of a 9.9% equity interest in Lyken AI Computing (Lyken.AI) from Alset AI Ventures, paid via 1,674,480 restricted FNGR shares and no cash. Lyken targets mid‑market enterprise compute customers, complementing BlueFlare’s site origination and on‑site power platform.
The Company described a project‑financed model and a four‑stage progress framework: site control, power, customer offtake and asset‑level capital, noting that none of these milestones have yet been publicly announced for specific projects.
FingerMotion (Nasdaq: FNGR) reported that Lyken.AI, in which FingerMotion holds a 9.9% equity interest, has entered into a non-binding memorandum of understanding dated August 24, 2026 with Singapore-based Swarmnet Solutions. FingerMotion acquired its Lyken stake from Alset AI Ventures in an all-stock transaction valued at $500,000 that closed on August 17, 2026, while Alset AI retains a 90.1% controlling interest in Lyken.
The MOU outlines an indicative framework under which Lyken may lease, host, manage or otherwise make available a 128-node NVIDIA B300 AI compute cluster to Swarmnet for inference workloads, along with token optimization services, under a contemplated five-year term. The arrangement is subject to Lyken securing sufficient funding, negotiation and execution of definitive agreements, regulatory and internal approvals, credit support, hardware and data-center availability, and compliance with export-control and sanctions requirements. The MOU is expressly non-binding and non-exclusive, with no assurance the deployment will proceed.
FingerMotion (Nasdaq: FNGR) CEO Jolie Kahn issued a shareholder letter outlining a strategic expansion from its existing China mobile data, payment and recharge platform into modular AI and high‑performance computing infrastructure in North America. The company plans smaller, behind‑the‑meter facilities, including potential sites in Western Canada near natural‑gas resources, aiming to align capacity with contracted or clearly demonstrable demand.
As an initial step, FingerMotion acquired a 9.9% interest in Lyken AI Computing, which is developing integrated enterprise compute, storage, networking and deployment support. The CEO detailed milestone‑based execution covering due diligence, site and power agreements, capital budgeting, connectivity, regulatory confirmations and customer commitments before major spending. FingerMotion recently completed financing transactions to bolster working capital and intends to deploy capital in stages. The letter also highlights the appointment of veteran finance executive Chris Polimeni as CFO and emphasizes fiduciary focus, financial discipline, transparency and long‑term shareholder value.