FingerMotion Initiates Offtake Discussions for Brooks Campus #1 in Newell County, Alberta

FingerMotion expects the site to be developed without a new grid interconnection or the associated transmission queue.

Rhea-AI Summary

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.

5 points · 0 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 2 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointBrooks Campus #1 customer discussions have begun for 9.9 MW of capacity.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Powered land availability is expected in early first quarter 2027.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Adjacent natural gas infrastructure is expected to enable development without a new grid interconnection or transmission queue.
• Minor point. Forward-looking: it has not happened yet and may not happen.The planned 99 MW program comprises ten 9.9 MW sites in Brooks, Coronation, Fox Creek and Vulcan.
• Minor point. Forward-looking: it has not happened yet and may not happen.FingerMotion aims to secure long-term capacity contracts before committing construction capital to individual sites.

Negative

• Moderate pointCapacity commercialization remains at the discussion stage, without a definitive customer agreement.
• Minor point. Forward-looking: it has not happened yet and may not happen.Program permitting remains in progress; campus delivery is intended to align with each customer's schedule.

Argus 15 min delay 30 alerts

+7.94% vs previous close $0.22 last price 17.4x rel. volume Open Argus

Details

Market move: FNGR +7.94% vs previous close. Brooks Campus #1 offtake discussions

$0.21 – $0.25 Day Range

$16.67M Market Cap

On Oct 8, the day this news came out, the latest delayed price for FNGR is 7.94% above the previous close. Our momentum scanner has recorded 30 alerts for this stock so far that day. The latest delayed price is $0.22. Relative volume is exceptionally heavy at 17.4x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Brooks Campus #1 capacity: 9.9 megawatts Alberta program capacity: 99 megawatts Program sites: 10 sites +1 more

Brooks Campus #1 capacity

9.9 megawatts

Behind-the-meter site

Alberta program capacity

99 megawatts

Previously announced program

Program sites

10 sites

Generation and data-hall sites

Powered land availability

Early first quarter 2027

Brooks Campus #1

Historical Context

2 past events · Latest: Sep 24

2 events

1. Sep 24

   Offtake interest update

   24h Move

   +4.4%

   Reported nonbinding indications of interest across the Alberta program; no customer offtake agreement had been executed.

2. Sep 29

   Site acquisition agreement

   24h Move

   +27.4%

   Definitive agreement to acquire Newbit, which holds rights associated with Brooks Campus #1.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

offtake, behind-the-meter, colocation

3 terms

offtake financial

"discussions with prospective offtake clients regarding capacity"

An offtake is a contract where a buyer commits in advance to purchase a company’s future output—such as raw materials, energy or finished goods—often at agreed volumes and prices. For investors, an offtake provides predictable revenue and lowers the risk that production will go unsold, similar to a long-term subscription or pre-order that helps a factory or mine secure funding and plan operations with greater confidence.

behind-the-meter technical

"a 9.9 megawatt behind-the-meter site"

Equipment or systems located on a customer’s side of the electricity meter—such as rooftop solar panels, battery storage, electric vehicle chargers, or energy controls—that generate, store, or manage power for use on-site rather than being supplied through the utility’s grid. Investors care because behind-the-meter assets change how much power a customer buys, can create new revenue or savings streams, affect demand patterns, and shift regulatory or business models in the energy market, much like a homeowner installing their own water tank reduces municipal supply needs.

colocation technical

"capacity under either of two structures: powered land or colocation"

Colocation is the practice of placing a trader’s computer servers inside or next to an exchange’s data center so their orders travel the shortest possible distance to the exchange’s computers. For investors this matters because even tiny gains in speed can mean better trade prices or reduced slippage—like being first in line at a checkout—so firms that colocate can gain steady, measurable advantages or incur extra costs that affect returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Powered land expected to be available in early first quarter 2027; Company continues to advance permitting for its previously announced 99 MW program and is accepting expressions of interest

WEST PALM BEACH, Fla., Oct. 08, 2026 (GLOBE NEWSWIRE) -- FingerMotion, Inc. (Nasdaq: FNGR) (the “Company”) today announced that it has initiated discussions with prospective offtake clients regarding capacity at Brooks Campus #1, a 9.9 megawatt behind-the-meter site in the County of Newell, Alberta. Through its relationship with BlueFlare Energy Solutions Inc. (“BlueFlare”), the Company is prepared to contract capacity under either of two structures: powered land or colocation. The discussions are progressing; however, there can be no assurance that any definitive agreement will be entered into, or as to the terms of any such agreement.

Commercial Structures

Under either structure, the client would supply and own its compute hardware. Neither the Company nor BlueFlare would supply, lease or resell graphics processing units or other information-technology equipment.

• Powered land. A client that provides its own modular data halls would contract for a prepared, behind-the-meter site, including generation, power distribution, site access, security and the supporting infrastructure required to deliver, commission and energize the client’s halls. Powered land at Brooks Campus #1 is expected to be available in early first quarter 2027.
• Colocation. A client that does not elect to provide its own halls would contract for power, cooling and white space in data-hall capacity developed by BlueFlare, sized to the client’s requirements within the site’s permitted envelope.
  
  

Brooks Campus #1

Brooks Campus #1 is located approximately 3.6 kilometers northeast of the Hamlet of Tilley. Generation is planned adjacent to existing natural gas infrastructure, which the Company expects will allow the site to be developed without a new grid interconnection and the associated transmission queue. Consistent with the Company’s approach to its Alberta program, the campus is designed as a small-scale facility intended to be compatible with its host community. BlueFlare has indicated that it intends to prioritize local hiring in connection with construction and operations.

99 MW Program

Brooks Campus #1 is the first site in the Company’s previously announced 99 megawatt behind-the-meter power and compute program. The program comprises ten 9.9 megawatt generation and data-hall sites, grouped into campuses in the Brooks, Coronation, Fox Creek and Vulcan areas of Alberta. The Company continues to advance permitting across the program. Each campus is intended to be powered and configured for its offtake client, with permitting, energization and design aligned to that client’s delivery schedule. The Company is accepting expressions of interest for capacity across the program, including Brooks Campus #1. The Company’s stated objective is to contract capacity on long-term terms before committing construction capital to an individual site.

“Power availability and time to energization have become material constraints on new compute capacity,” said Jolie Kahn, Chief Executive Officer of FingerMotion. “Brooks Campus #1 is intended to provide a near-term path to behind-the-meter capacity, with a choice between powered land and colocation. We expect to commit construction capital to an individual site only after contracting capacity on long-term terms.”

“Operators are seeking behind-the-meter power against a defined schedule,” said Landon Ruszkowski, Chief Executive Officer of BlueFlare. “Brooks Campus #1 is the template for the balance of the program, and the commercial work undertaken at this site is intended to inform the sites that follow and the communities we serve.”

The Company expects to provide further updates as appropriate. Parties interested in submitting an expression of interest may contact sales@goblueflare.com.

About FingerMotion, Inc.

FingerMotion, Inc. (Nasdaq: FNGR) is a technology company that has historically served the mobile payment, recharge and data-analytics markets in the People’s Republic of China. Through its relationship with BlueFlare Energy Solutions Inc., the Company is developing behind-the-meter powered data-center capacity in Alberta for artificial-intelligence and high-performance computing clients. Additional information is available at www.fingermotion.com.

About BlueFlare Energy Solutions Inc.

BlueFlare Energy Solutions Inc. is a Calgary-based developer of behind-the-meter natural gas power generation and data-hall infrastructure. BlueFlare self-performs design, procurement, construction and commissioning on its programs.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the Company’s current expectations and assumptions and are not guarantees of future performance. Words such as “expects,” “intends,” “plans,” “believes,” “may,” “will,” “designed,” “objective” and similar expressions identify forward-looking statements. These statements include, among others, statements regarding:

• discussions with prospective offtake clients and the possibility, timing and terms of any definitive agreement;
• the expected availability of powered land at Brooks Campus #1;
• the progress of permitting, land acquisition, energization and construction under the 99 megawatt program;
• the Company’s commercial offerings, contracting objectives and development plans.
  
  

Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These include, among others, the outcome of client negotiations; permitting and other regulatory approvals; land acquisition; equipment supply and natural gas availability; financing; construction timing and cost; the Company’s reliance on BlueFlare; and the other risks described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date of this release. The Company undertakes no obligation to update them, except as required by law.

Investor contact
FingerMotion, Inc.
Investor Relations
Email: ir@fingermotion.com
Website: www.fingermotion.com

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does FingerMotion expect powered land at Brooks Campus #1 to be available?

FingerMotion expects powered land at Brooks Campus #1 to be available in early first quarter 2027. The 9.9 MW site is in Newell County, Alberta, and prospective customers are currently in discussions about capacity.

What would customers supply under FingerMotion's Brooks Campus #1 capacity arrangements?

Customers would supply and own their computing hardware under either arrangement. Powered-land customers would also provide their own modular data halls. Colocation customers would instead contract for power, cooling and data-hall space developed by BlueFlare. Neither FingerMotion nor BlueFlare would supply, lease or resell graphics processing units or other information-technology equipment.