FingerMotion, Inc. and BlueFlare Energy Solutions Agree to Enter Into Memorandum of Understanding for Development of Behind-the-Meter AI Compute Infrastructure Across Western Canada

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Contemplated MOU Would Establish BlueFlare as FingerMotion's Exclusive Development Partner Across Alberta, British Columbia and Saskatchewan; Two Initial Sites Identified for Evaluation; Strategy Aligns with Alberta's C$100 Billion Data Center Investment Target Singapore, Singapore--(Newsfile Corp. - June 4, 2026) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company in the process of expanding into North American artificial intelligence ("AI") and high-performance computing ("HPC") infrastructure, today announced that it has agreed with BlueFlare Energy Solutions Inc. ("BlueFlare" or "BFE Solutions") to enter into a Memorandum of Understanding (the "MOU") regarding the development of behind-the-meter ("BTM") AI compute infrastructure across Western Canada. Under the contemplated MOU, BlueFlare would act as FingerMotion's primary development partner across the Canadian provinces of Alberta, British Columbia and Saskatchewan (the "Territory") for the origination, design, engineering, construction and ongoing support of HPC inference sites integrated with co-located bitcoin mining operations on a behind-the-meter basis. FingerMotion is pursuing a strategy of building modular, micro-scale AI and HPC compute capacity in North America through behind-the-meter natural gas-powered sites in Western Canada. The Company believes that the BTM natural gas model may offer a structurally differentiated path to deploying AI and HPC compute capacity by generating power on-site rather than drawing from the grid, and that this approach could provide greater control over energy costs and long-term power availability — factors the Company believes are increasingly critical to the economics of AI inference and HPC workloads. The contemplated collaboration with BlueFlare represents the foundational step in advancing this strategy through a regional development partner with established BTM operations in Western Canada. In evaluating potential BTM infrastructure development partners, FingerMotion considered candidates against three criteria: demonstrated operational experience with natural gas-powered generation in Western Canada, the stated capability to deploy modular HPC infrastructure on accelerated timelines, and a proprietary approach to intelligent load management. BlueFlare was identified as FingerMotion's p...

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