FINGERMOTION INC.DL-,0001

FingerMotion reports that liquid funds have risen to $5.1m following a registered direct offering and changes to working‑capital management. New management implemented an efficiency program within 30 days that reduced the monthly cash‑burn rate by about 30% and ended the previous “at‑the‑market” agreement. The company plans further cost and process optimizations, will shift resources toward enterprise AI and high‑performance computing in North America, and is also exploring a divestiture of its China operations. » Więcej na de.investing.com

FingerMotion announced a binding letter of intent to acquire land rights and permits for a 9.9‑megawatt site for power generation and compute capacity in Newell County, Alberta. The site, described as the first acquisition of the planned "Brooks Campus Zone", is located on existing natural gas infrastructure and is intended to generate power behind the meter to avoid grid connection and transmission constraints. The company plans to apply for approvals under Alberta Utilities Commission Regulation 007 and for an Industrial System Designation, aiming for full permitting within 120 days. Development will proceed in three phases and will only begin commissioning once take‑or‑pay contracts and customer deposits are in place; collaboration with BlueFlare Group is expected to support operations and development. The 9.9 MW is a development target, not existing capacity. » Więcej na de.investing.com

FingerMotion has agreed with Lyken AI and BlueFlare on a framework to align demand and capacity for AI and high-performance computing, initially focused on Alberta, British Columbia and Saskatchewan. Lyken is to broker customer enquiries, BlueFlare will handle site development and energy operations, and FingerMotion is envisaged as owner, operator and project sponsor. The agreement is non-binding, non-exclusive and contains no capacity guarantees, prices or financing commitments; project progress depends on site, fuel, equipment, customer and permitting conditions. Since 17 August 2026 FingerMotion has held a 9.9% stake in Lyken and pursues a “corridor approach” with on-site power generation along natural gas infrastructure. » Więcej na de.investing.com