FingerMotion, Inc. and BlueFlare Energy Solutions in Advanced Discussions on First Site Under Western Canada Behind-the-Meter AI Compute Collaboration

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Parties in Advanced Discussions Toward Commercial Terms for an Approximately 600 kW Alberta Facility That Would Deliver AI Inference Capacity Co-Located With Bitcoin Mining - Powered by On-Site Natural Gas and Managed by BlueFlare's BALA(TM) Platform Singapore, Singapore--(Newsfile Corp. - June 18, 2026) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data and technology company today announced that it and BlueFlare Energy Solutions Inc. ("BlueFlare" or "BFE Solutions") are in advanced discussions and are working toward commercial terms covering the first of the two initial project sites identified under the parties' previously announced Memorandum of Understanding (the "MOU"). These discussions are intended to advance the first site toward development under the parties' Western Canada behind-the-meter ("BTM") AI compute collaboration and represent progress towards the first project milestone contemplated by the MOU. As of the date of this release, the parties have not entered into a Commercial Term Sheet or any other definitive agreement with respect to the first site. The initial site is an approximately 600 kilowatt ("kW") behind-the-meter facility in Alberta that today uses on-site natural gas - gas that would otherwise be flared - to power bitcoin mining operations. Under the proposed commercial terms, which are being negotiated, BlueFlare would redevelop the site into an AI inference facility, installing new on-site power generation, battery energy storage and high-performance computing ("HPC") capacity, while retaining and repurposing the existing bitcoin mining load as a load-balancing and gas-continuity mechanism. Consistent with the collaboration framework, AI inference is intended to serve as the site's primary value driver, with co-located bitcoin mining used to keep generated power productive whenever inference demand does not call on the site's full capacity. Power allocation across the two workloads would be managed by BlueFlare's proprietary BALA™ (BlueFlare Adaptive Load Architecture™) platform, a load-following control system that routes available power between AI inference and bitcoin mining in real time. The Company believes this approach will allow the facility to sustain high, continuous ut...

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