Genius Group, FingerMotion and BlueFlare Sign Second Binding Agreement for Up to 100 MW Brooks Corridor HPC Campus Program in Alberta

Genius Group will own 25% of each campus company, while the first customer expression of interest remains non-binding.

Rhea-AI Summary

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.

7 points · 0 major

MixediHow this balance works

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

How the balance worksHow Sentiment works

0 major · 5 points

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

Positive

• Moderate point. Forward-looking: it has not happened yet and may not happen.Binding Brooks Corridor agreement adds up to 100 MW of planned powered land and colocation campuses.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Approximately $20 to $25 million in estimated annual campus revenue when fully operational depends on binding agreements.
• Minor point25% ownership gives Genius Group an equity interest in each campus company; FingerMotion holds 75%.
• Minor point. Forward-looking: it has not happened yet and may not happen.Permitted 9.9 MW first site has powered land expected to be available in the first quarter of 2027.
• Minor point. Forward-looking: it has not happened yet and may not happen.10% capacity reservation for GENIUSpark Alberta is subject to FingerMotion’s best commercial efforts.

2 minor points

• Minor pointJoint approval rights cover budgets, new debt, new investors, client contracts and related-party contracts.
• Minor point. Forward-looking: it has not happened yet and may not happen.Further campus launches are planned after site contribution, the first client contract and project financing.

Negative

• Moderate pointClosing remains conditional on a credit-supported client contract, committed financing, BlueFlare agreements, diligence and regulatory approvals.
• Moderate point. Forward-looking: it has not happened yet and may not happen.60% to 80% non-recourse project debt is expected for each campus, with financing set campus by campus.
• Minor pointUp to 7 MW customer interest at Brooks Campus No. 1 remains non-binding.
• Minor pointUp to 52.5 MW of potential offtaker interest reported by FingerMotion in September remains non-binding.
• Minor point. Forward-looking: it has not happened yet and may not happen.10% of campus net profit would go to a Community Fund under a best-commercial-efforts commitment.

News Explained

Genius Group leads community and reskilling, while major Brooks campus decisions require approval from both partners.

The signed Brooks agreements give Genius Group and FingerMotion joint approval over campus budgets, new debt, new investors, client contracts and related-party contracts. FingerMotion will use best commercial efforts to reserve 10% of each campus’s capacity for GENIUSpark Alberta, and each campus will use best commercial efforts to contribute 10% of net profit to a locally governed Community Fund.

FingerMotion and BlueFlare lead site selection, power, construction, financing and client relationships, while Genius Group leads the community and reskilling program.

Key Figures

Program capacity: Up to 100 MW Campus ownership: 75% FingerMotion / 25% Genius Group First site capacity: 9.9 MW +5 more

Program capacity

Up to 100 MW

Brooks Corridor powered-land and colocation campus program

Campus ownership

75% FingerMotion / 25% Genius Group

Each campus company

First site capacity

9.9 MW

Brooks Campus No. 1

Project debt share

60% to 80%

Expected non-recourse financing, set campus by campus

Customer expression of interest

Up to 7 MW

Non-binding interest in colocation capacity at Brooks Campus No. 1

Estimated annual revenue

Approximately $20 to $25 million per year

When fully operational

Revenue over initial term

In excess of $100 million over five years

When binding agreements are signed

Exclusivity period

30 days

Negotiation toward a binding letter of intent and definitive colocation agreements

Historical Context

1 past event · Latest: Oct 27

1 event

1. Oct 27

   HPC campus agreement

   24h Move

   -4.5%

   Established the initial Hanna campus venture before the partners signed a second Alberta campus program.

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

Key Terms

high-performance computing, take-or-pay contracts, non-recourse project debt, behind the meter

4 terms

high-performance computing technical

"high-performance computing (HPC)"

A cluster of very powerful computers, special chips and fast networks designed to tackle huge, complex calculations far faster than a normal PC — like replacing a single delivery van with a synchronized fleet to move a city’s worth of packages. For investors, high-performance computing matters because it enables faster product development, more accurate simulations and data analysis, and new revenue streams for hardware, software and services, making firms that supply or use it potentially more competitive and scalable.

take-or-pay contracts financial

"Offtake clients bring their own compute under long-term take-or-pay contracts"

A take-or-pay contract is an agreement where a buyer promises to either take a set minimum of goods or services from a seller or still pay an agreed fee even if they don’t take delivery. Think of it like reserving a theater box: you pay whether you use all the seats or not. For investors, these contracts create predictable revenue for sellers but also signal potential liability if buyers stop needing the product, affecting cash flow and credit risk.

non-recourse project debt financial

"financed with 60% to 80% non-recourse project debt"

A loan made to finance a specific project in which the lender’s repayment claim is limited to the project’s assets and cash flows; if the project cannot generate enough money, the lender can seize only the pledged project collateral and cannot pursue the borrower’s other assets. Such debt is common in project finance and typically excludes broader guarantees from the project sponsor, though lenders usually require contractual exceptions (carve-outs) that preserve personal or corporate recourse for fraud, willful misconduct, or certain breaches of loan covenants.

behind the meter technical

"generates its own power behind the meter without a grid connection"

Energy generation or equipment located on a customer’s side of the utility meter, such as rooftop solar panels, battery storage, electric vehicle chargers or energy-saving controls. It matters to investors because it reduces the amount of electricity bought from utilities, can lower operating costs for businesses, change utility revenue patterns, and shift demand in energy markets—like a homeowner installing a rain barrel that cuts water bought from the city and alters suppliers’ sales.

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

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Further to last week’s joint announcement to launch GENIUSpark Alberta targeting an initial 100 MW of high-performance computing (HPC), Genius Group, FingerMotion and BlueFlare signed a binding agreement for a second 100 MW HPC project.

FingerMotion and BlueFlare have already received non-binding indications of interest from potential offtakers for up to 52.5 MW of capacity.

First site, Brooks Campus No. 1, is a permitted 9.9 MW campus near Tilley in the County of Newell, with powered land expected to be available in the first quarter of 2027.

The partners also announced today a non-binding expression of interest with the first offtake customer for up to 7MW AI/HPC Colocation Capacity at Brooks Campus No. 1.

SINGAPORE, WEST PALM BEACH, Fla. and CALGARY, Alberta, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group", or "GNS"), a leading AI-powered education group, FingerMotion, Inc. (Nasdaq: FNGR) ("FingerMotion" or "FNGR") and BlueFlare Energy Solutions Inc. ("BlueFlare") today announced that they have signed a second binding agreement, with a joint venture agreement for the Brooks Corridor Campus Program, covering up to 100 MW of powered land and colocation campuses in Alberta, together with a project agreement for its first site, Brooks Campus.

The agreements build on the partners’ October 27 announcement of GENIUSpark Alberta and its first AI compute site at Hanna, and bring Genius Group into a second layer of FingerMotion and BlueFlare’s recently announced Alberta build-out: the powered land and colocation on which high-performance computing companies run their own compute.

Brooks Corridor Program: Powered Land Alongside AI Compute

Each campus in the Brooks Corridor program is up to 9.9 MW and is held in its own Alberta campus company, owned 75% by FingerMotion and 25% by Genius Group. FingerMotion and BlueFlare lead site selection, power, construction, financing and client relationships, while Genius Group leads the community and reskilling program. Budgets, new debt, new investors, client contracts and related-party contracts require the approval of both partners.

Offtake clients bring their own compute under long-term take-or-pay contracts, and each campus is expected to be financed with 60% to 80% non-recourse project debt, set campus by campus. FingerMotion will also use best commercial efforts to reserve 10% of each campus’s capacity for GENIUSpark Alberta, giving the partners’ AI compute joint venture a path to scale across the corridor.

Each campus will use best commercial efforts to contribute 10% of its net profit to a locally governed Community Fund, and Genius Group will deliver Genius City programs, including schooling, entrepreneurship and reskilling into the jobs each campus creates, with BlueFlare hiring locally first. The partners continue to plan a Genius City to serve the full cluster of sites, beginning with a feasibility study at the proposed energy park in east-central Alberta.

Roger James Hamilton, Founder and CEO of Genius Group, said "Hanna gave us our first AI compute site in partnership with FingerMotion and BlueFlare. While Hanna enables us to manage the full stack from power to colocation to compute, while contributing to the local community, the Brooks Corridor partnership will deliver guaranteed revenues from our HPC offtake customers, once binding agreements are signed. With up to 100 MW in the program and the first offtake customers expected to be announced soon, we look forward to launching our community-first model in both Hanna and Brooks in the coming year."

Brooks Campus No. 1: The First of 10 Planned Sites

Brooks Campus No. 1 is a permitted 9.9 MW site in the County of Newell, approximately 185 kilometres southeast of Calgary. It sits beside an operating natural gas facility that can deliver fuel at the site boundary, so the campus generates its own power behind the meter without a grid connection or a place in the transmission queue. BlueFlare will develop, build and operate the campus, and powered land is expected to be available in the first quarter of 2027. Closing is subject to a signed client contract with credit support, committed project financing, the BlueFlare agreements, due diligence and regulatory approvals.

Demand for the program is already in hand. In September, FingerMotion reported non-binding indications of interest from potential offtakers for up to 52.5 MW of its Alberta program, and yesterday, BlueFlare entered into a non-binding expression of interest for up to 7 MW of high-performance computing colocation capacity at Brooks Campus No. 1..

Under the Expression of Interest, the Client is interested in contracting up to 7 MW of firm critical IT capacity to be delivered in tranches at Brooks Campus #1. The contemplated schedule targets an initial Ready-for-Service date for the first tranche six months from the effective date of a subsequent binding agreement, with the site expected to reach its full capacity within 12 to 14 months. When fully operational, estimated annual revenue is approximately $20 to $25 million per year, supporting revenue in excess of $100 million over the initial five-year term when binding agreements are signed. The Client would also have an election right for an additional 3 MW of Expansion Capacity at a nearby second site that shares gas supply, fiber and staff. The Expression of Interest includes a 30-day exclusivity period during which the parties will negotiate in good faith toward a binding letter of intent and definitive colocation agreements, subject to customary conditions, diligence, and execution of definitive documentation.

Jolie Kahn, CEO of FingerMotion, said "Our strategy is to contract capacity on long-term terms before we commit construction capital, and Brooks Campus No. 1 will be our pilot site for the full 100 MW Brooks corridor project. We welcome Genius Group as a second committed equity partner."

Landon Ruszkowski, CEO of BlueFlare, said "The customers approaching us want two things: powered compute within six months, and partners who are here for the long term. Our Brooks Corridor project gives them both. We generate at the wellhead, build the halls ourselves and run the site around the clock with an Alberta crew. With FingerMotion and Genius Group alongside us, the local community shares in the upside."

CBRE reports that vacancy across North America’s primary data center markets held at 1.4% in the first half of 2026, that more than 80% of capacity under construction is already preleased, and that average asking rents rose fastest in the sub-10 MW scale, by 8.3%, for users seeking 3 MW to 10 MW^[1].

Power is the ongoing constraint, and the partners believe on-site gas is increasingly the answer. Enverus estimates that behind-the-meter projects will account for roughly 40% of installed data center capacity in its outlook to 2030, with natural gas generation emerging as a primary path around grid congestion^[2]. The Brooks Corridor campuses are designed for that model, each sized under 10 MW to use Alberta’s streamlined approval pathway for small power plants.

Following today’s signing, the partners will complete the site contribution, announce the first client contract and project financing for Brooks Campus No. 1, and commence the process of launching further sites.

Sources

[1] CBRE, “North American Data Center Demand Continues to Outpace Supply Despite Record Construction Activity,” September 8, 2026.
https://www.cbre.com/press-releases/north-american-data-center-demand-continues-to-outpace-supply-despite-record-construction

[2] Enverus, “Off the Grid, on the Gas: Data Centers Drive Gas Demand,” July 21, 2026.
https://www.enverus.com/newsroom/off-the-grid-on-the-gas/

About Genius Group

Genius Group (NYSE: GNS) is a global education group delivering AI powered education and acceleration solutions for the future of work. Genius Group serves 6 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, AI tools and AI talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise and government level. To learn more, please visit geniusgroup.ai

About FingerMotion

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

BlueFlare Energy Solutions Inc. is an Alberta-incorporated developer, engineer and constructor of behind-the-meter energy and high-performance compute infrastructure operating under the “From Wellhead to Workload” platform. BlueFlare originates, designs, builds and supports co-located natural gas generation, AI inference compute and bitcoin mining sites across Western Canada, integrated by its proprietary BALA^™ (BlueFlare Adaptive Load Architecture^™) load-following platform. BlueFlare self-performs design, procurement, construction and commissioning on its programs. BlueFlare is a subsidiary of BlueFlare Group Holdings Inc. Additional information is available at www.goblueflare.com.

Forward-Looking Statements

Statements made in this press release include 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, including statements regarding the Brooks Corridor Campus Program, its capacity, campuses, ownership, financing, community benefits and timing, the closing of Brooks Campus No. 1, the availability of powered land, and the expected announcement of a binding offtake agreement. Forward-looking statements can be identified by the use of words such as "may," "will", "plan," "should," "expect," "anticipate," "estimate," "target," "continue," or comparable terminology. The indications and expressions of interest described in this press release are non-binding, do not represent contracted demand, and may not result in any definitive agreement on the terms described or at all. No offtake agreement has yet been executed, and there is no assurance that one will be signed in the expected timeframe or at all. Closing of Brooks Campus No. 1 is subject to conditions including a client contract, project financing, due diligence and regulatory approvals. Each partner’s participation in further campuses is at its election. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the companies cannot predict with accuracy, and may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the additional factors under the heading "Risk Factors" in Genius Group’s Annual Reports on Form 20-F, as supplemented by its Reports on Form 6-K, and in FingerMotion’s filings with the Securities and Exchange Commission. None of Genius Group, FingerMotion or BlueFlare assumes any obligation to update or supplement forward-looking statements. No information in this press release should be construed as any indication whatsoever of any party’s future revenues, results of operations, or stock price.

Contacts

Genius Group: investor@geniusgroup.ai

FingerMotion: ir@fingermotion.com

BlueFlare: sales@goblueflare.com

FAQ

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

What ownership will Genius Group have in the Brooks Corridor campus program?

Genius Group will own 25% of each Alberta campus company, with FingerMotion owning 75%. The binding program agreement covers up to 100 MW of powered land and colocation campuses, with each campus sized at up to 9.9 MW.

Is the Brooks Campus No. 1 customer agreement binding?

The customer expression of interest for up to 7 MW is non-binding. It provides a 30-day exclusivity period to negotiate toward a binding letter of intent and definitive colocation agreements, subject to conditions, diligence and definitive documentation.

When could Brooks Campus No. 1 deliver capacity to its first customer?

The contemplated schedule targets the first tranche being ready for service six months from the effective date of a subsequent binding agreement. The site is expected to reach full capacity within 12 to 14 months. These are contemplated delivery timings, not completed milestones.

What expansion right is contemplated for the Brooks Campus No. 1 customer?

The customer would have an election right for an additional 3 MW at a nearby second site. That site would share gas supply, fiber and staff with the first campus.

Who will develop and operate Brooks Campus No. 1?

BlueFlare will develop, build and operate Brooks Campus No. 1. The site is beside an operating natural gas facility that can deliver fuel at its boundary, allowing on-site power generation without a grid connection or a place in the transmission queue.