FingerMotion (FNGR) Stock News

Genius Group (GNS), FingerMotion and BlueFlare signed a second binding agreement for an Alberta high-performance computing campus program covering up to 100 MW. Each Brooks Corridor campus company will be owned 25% by Genius Group and 75% by FingerMotion. The first site, Brooks Campus No. 1, is permitted for 9.9 MW, with powered land expected in the first quarter of 2027.

BlueFlare signed a non-binding expression of interest for up to 7 MW at the first campus. Estimated annual revenue when fully operational is approximately $20 to $25 million, contingent on binding agreements, not revenue attributable solely to Genius Group. Each campus is expected to use 60% to 80% non-recourse project debt. Closing requires a credit-supported client contract, committed financing, BlueFlare agreements, due diligence and regulatory approvals.

FingerMotion (Nasdaq: FNGR) announced a non-binding expression of interest covering up to 7 MW of data-center colocation capacity at Brooks Campus #1. Its wholly owned subsidiary entered the arrangement with Cascadia Power, acting for itself and an unnamed client; Cascadia is not the capacity buyer.

FingerMotion expects more than $100 million in contracted revenue over an initial five-year term if definitive agreements are reached, with estimated annual revenue of approximately $20 to $25 million when fully operational. The contemplated schedule targets the first tranche six months after a subsequent binding agreement becomes effective and full capacity within 12 to 14 months. The client would have an election right for another 3 MW at a nearby second site. A 30-day exclusivity period allows negotiations toward binding agreements, subject to diligence and definitive documentation. Brooks is the first site in the company's previously announced 99 MW Alberta program.

FingerMotion (FNGR) signed a non-binding term sheet with BlueFlare Group Holdings for a potential combination focused on North American power and computing infrastructure. BlueFlare shareholders and certain management and advisory parties are expected to own approximately 80% of the combined company on a fully diluted basis, including potential shares from convertible securities. Upon completion, FingerMotion would become BlueFlare and trade on Nasdaq as BFLR.

The proposed business would pair on-site natural-gas power generation in Alberta with modular high-performance computing infrastructure. BlueFlare targets 500 MW of generation capacity in permitting across Alberta; acquisitions of two campus sites remain pending. Completion requires a definitive merger agreement, both companies’ shareholder approvals, fulfillment of the combined entity’s capital needs, third-party valuations, and regulatory and trading-market approvals.

Genius Group (GNS) signed binding agreements with FingerMotion and BlueFlare to form GENIUSpark Alberta and build its first high-performance computing campus. Genius Group will hold 49% of the venture and FingerMotion 51%. The Hanna campus has an estimated $24.3 million cost and planned computing capacity of 2.4 MW on a 20.2-acre property contracted for acquisition.

The partners plan construction from December 2026 and target first compute in the second quarter of 2027. Financing is targeted at approximately $14.4 million of non-recourse project debt and $9.9 million of equity, contributed proportionately. Closing depends on the land purchase, grid connection agreement, financing and regulatory approvals. The venture targets an initial 100 MW, with a 1 GW stretch goal. Genius Group leads education and community programs; FingerMotion leads acquisition, power, construction and data center management with BlueFlare.

FingerMotion (FNGR) announced participation through BlueFlare in a planned Alberta energy park with up to 500 MW of capacity. The project contemplates 75 MW phases using on-site natural-gas generation and battery storage rather than provincial grid supply. The first phase depends on land acquisition, local land-use and Alberta Utilities Commission approvals, gas supply arrangements and financing. Partners intend to complete community engagement before regulatory filings.

Separately, BlueFlare received multiple written, non-binding expressions of interest from prospective computing customers for FingerMotion’s permitted 9.9 MW Brooks Campus #1. BlueFlare expects to recommend a lead customer; a definitive agreement remains subject to negotiation and execution.

FingerMotion (FNGR) has initiated discussions with prospective capacity customers for Brooks Campus #1, a 9.9 MW site in Newell County, Alberta. Through its relationship with BlueFlare Energy Solutions, it offers powered land or colocation, where clients use data-hall space developed by BlueFlare. Clients would own and supply their computing hardware.

FingerMotion expects powered land availability in early first quarter 2027. The site is the first in its previously announced 99 MW program, comprising ten 9.9 MW sites across four Alberta areas. Permitting continues across the program. FingerMotion aims to secure long-term capacity contracts before committing construction capital to individual sites; customer discussions have not yet produced a definitive agreement.

Alset AI Ventures (GPUSF) highlighted FingerMotion's definitive agreement to acquire Newbit Technology, which holds infrastructure rights for a planned Alberta site. FingerMotion (NASDAQ:FNGR) proposes US$2.3 million in cash consideration for assets associated with a 9.9 megawatt site supplying power directly to users. It targets closing by October 29, 2026, subject to conditions. Generating equipment is excluded; the deal does not establish operating generation or contracted compute revenue.

Alset holds 1,674,480 restricted FingerMotion shares, approximately 2.2% of outstanding common shares as of October 2, 2026, following its August sale of a 9.9% Lyken interest. Alset retains 90.1% of Lyken. Trading restrictions end February 17, 2027. Lyken's non-binding agreement with FingerMotion and BlueFlare evaluates workload and infrastructure opportunities but grants no site ownership or capacity rights. Participation requires separate evaluation and definitive commercial agreements.

FingerMotion (FNGR) and BlueFlare signed a binding agreement to acquire approximately 20.2 acres in Hanna, Alberta, for an AI inference campus.

Executed September 30, 2026, the agreement names both companies as covenantors. Title will be held by Hanna Campus #1, a dedicated project company. The planned campus would supply computing capacity for running AI models, with contemplated capacity of 6 MW: 3 MW of local grid supply and 3 MW of on-site natural gas generation. It is additional to FingerMotion's previously announced 99 MW Alberta development program.

The transaction has a 60-day due diligence period covering title, environmental condition, zoning, permits, utilities, access and financing. Closing is scheduled 30 days after conditions are waived. BlueFlare will design, build and operate the power and infrastructure. Permit applications are planned during due diligence; construction is to follow closing and permit approval.

FingerMotion (Nasdaq: FNGR) signed a definitive agreement to acquire all Newbit Technology shares for US$2.3 million in cash.

The September 23 agreement implements an earlier binding commitment for Brooks Campus #1, a 9.9 MW behind-the-meter site in Alberta’s County of Newell. Newbit holds site tenure, permits, gas infrastructure and related rights. The price excludes GST and is on a cash-free, debt-free basis, subject to leakage and debt adjustments. Generating equipment and other movable plant are excluded and must be removed before closing.

FingerMotion targets closing on or before October 29, 2026, subject to a new gas supply agreement, supplier and landlord consents, and remaining due diligence. Fixed improvements are acquired as-is for physical condition. Vendors provide indemnities, but there is no purchase-price holdback; general representation claims have a US$125,000 deductible and US$460,000 cap.