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.

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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.

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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.

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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.

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