West Palm Beach, Fla. and Calgary, Alberta, Nov. 04, 2026 (GLOBE NEWSWIRE) -- FingerMotion, Inc. (Nasdaq: FNGR) (“FingerMotion” or the “Company”) today announced that Brooks Campus No. 1 Inc., its wholly owned subsidiary, has entered into a non-binding Letter of Intent and Expression of Interest (the “Expression of Interest”) with Cascadia Industries Ltd., doing business as Cascadia Power (“Cascadia”), acting for itself and on behalf of a colocation client it represents (the “Client”), regarding up to 7 MW of critical IT liquid-cooled colocation capacity at Brooks Campus #1 in the County of Newell, Alberta. Based on the commercial terms contemplated under the Expression of Interest, the arrangement is expected to generate in excess of $100 million in contracted revenue over an initial five-year term if definitive agreements are reached.

Brooks Campus #1 is a behind-the-meter, natural gas-powered AI/HPC data center located approximately 3.6 km northeast of the Hamlet of Tilley, adjacent to the Bantry gas plant. BlueFlare Energy Solutions Inc. (“BlueFlare”) is the developer, EPC contractor and operator of the Facility. The capacity is designed for NVIDIA GB300 NVL72-class infrastructure with liquid cooling.

Under the Expression of Interest, Cascadia has advised that 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 contracted revenue in excess of $100 million over the initial five-year term. 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.

This Expression of Interest advances FingerMotion’s previously announced 99 MW Alberta behind-the-meter power and compute program, of which Brooks Campus #1 is the first site. There can be no assurance that a binding agreement will be reached or that any of the contemplated capacity will be contracted.

“This Expression of Interest reflects strong demand for near-term, firm behind-the-meter AI/HPC capacity in Alberta,” said Jolie Kahn, Chief Executive Officer of FingerMotion. “Brooks Campus #1 is structured to deliver liquid-cooled capacity compatible with next-generation NVIDIA systems on a schedule that aligns with clients’ needs, supported by BlueFlare’s on-site operations and FingerMotion’s involvement.”

“Operators continue to seek reliable power and cooling without grid interconnection delays,” said Landon Ruszkowski, Chief Executive Officer of BlueFlare Energy Solutions Inc. “This Expression of Interest for liquid-cooled colocation at Brooks Campus #1 demonstrates how our behind-the-meter natural gas model, combined with stick-built data center construction on a previously developed industrial site, can deliver critical IT capacity efficiently for high-density AI workloads.”

Cascadia introduced the Client and is acting on its behalf under the Expression of Interest. Cascadia is not itself the offtake client.

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, the Company is developing behind-the-meter powered high-performance computing 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 modular high-performance computing infrastructure. BlueFlare self-performs design, procurement, construction, commissioning and operations on its programs across Alberta.

About Cascadia Industries Ltd. (Cascadia Power)

Cascadia Industries Ltd., doing business as Cascadia Power, introduced the offtake client and is party to the Expression of Interest on behalf of the Client. Cascadia is not the offtake client.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the Expression of Interest, the potential delivery of capacity, the negotiation of binding agreements, the expansion election, revenue estimates (including contracted revenue over an initial term if definitive agreements are reached), and the Company’s Alberta program. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially, including the failure to negotiate or execute definitive agreements, the satisfaction of any conditions, permitting, gas supply, financing, construction timing, equipment availability, utilization levels, and other risks described in the Company’s SEC filings. There can be no assurance that the Expression of Interest will result in a binding agreement or that any revenue will be realized. 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.
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Email: ir@fingermotion.com
Website: www.fingermotion.com