First Site Acquisition in Brooks Campus Zone Features Behind the Meter Natural Gas Generation with No Grid Interconnection, Transmission Tariff or Interconnection Queue

WEST PALM BEACH, FL. and CALGARY, Alberta, Canada, Sept. 10, 2026 (GLOBE NEWSWIRE) -- FingerMotion, Inc. (NASDAQ:FNGR) ("FingerMotion" or the "Company") today announced that they have entered into a binding memorandum of understanding pursuant to which FingerMotion will acquire the land rights and permitting for a 9.9 megawatt behind-the-meter power generation and compute site in the County of Newell, Alberta, approximately 185 kilometres southeast of Calgary.

The site is the first acquisition in the Brooks Campus Zone, a designated development area in Southern Alberta in which FingerMotion intends to assemble a group of separately owned and separately permitted 9.9 MW sites, developed and operated by one field organization and expanded as client demand for powered land requires.

The Site

The site sits on industrial-capable land adjacent to an operating third-party natural gas facility capable of delivering fuel at the parcel boundary. Power is to be generated and consumed on site, behind the meter, so the project does not require a grid interconnection request, a position in an interconnection queue, or a transmission service arrangement. The site has established road access and an identified route to carrier fiber.

FingerMotion will pursue permitting for the site as a below-the-ten-megawatt-threshold individual power plant under Alberta Utilities Commission Rule 007, together with an Industrial System Designation enabling behind-the-meter self-supply. The Company is targeting a fully permitted site within 120 days of release to work.

The Company’s preexisting relationship with BlueFlare Group Holdings Inc. is a key component of the project as it enables development (including land assembly, diligence and permitting) and operation by an Alberta-based, owned and operated company staffed by Alberta employees and served by Alberta vendors.

Development phases

FingerMotion has a consistent for development of sites in its Alberta program through the same three phases, in order:

  • Phase one — permitting. Acquire the land and obtain the full permit set for a distinct 9.9 MW power plant and compute facility, held in the Company's name. This site is entering phase one.
  • Phase two — energization. Install the gas tap and conditioning, generation and switchgear, and bring the site to live power. A site is released to this phase only against contracted demand, on execution of a take-or-pay agreement with the customer's deposit funded.
  • Phase three — modular data halls. Construct compute capacity in modular data halls, or MDHs, configured to the customer's requirement within the permitted envelope, under a separate construction contract.



     

Until a site is released to phase two, it is held as permitted, titled land at limited holding cost.

The Company is also following a parallel path to actively identify and pursue offtake opportunities to match supply in demand as sites undergo phases two and three of the plan.