FNGR 8-K filed 2026 · insiderdelta

Item 7.01 Regulation FD Disclosure

On June 4, 2026, FingerMotion, Inc. (the “Company”
or “FingerMotion”) issued a news release to announce 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 preferred prospective partner based on its performance against
these criteria, leading the parties to agree to enter into the contemplated MOU.

“The cooperation framework we are establishing
with BlueFlare gives FingerMotion a credible Western Canadian foothold in the rapidly growing North American AI infrastructure market,”
said Martin Shen, Chief Executive Officer of FingerMotion. “Western Canada combines world-class natural gas resources, supportive
policy frameworks, and BlueFlare’s behind-the-meter development capability — a combination we believe is genuinely differentiated
relative to grid-dependent data center development. The contemplated framework positions AI inference capacity as our primary value driver,
with co-located bitcoin mining serving as a load-balancing and asset-utilization mechanism rather than a primary use case. We expect to
advance toward definitive agreements and look forward to providing further updates as the relationship progresses.”

The contemplated MOU has been agreed by the
parties in principle and, when executed, is intended to be substantially non-binding with respect to the principal commercial terms of
the cooperation, which would remain subject to the negotiation and execution of one or more definitive agreements. Certain provisions
of the MOU — including exclusivity, anti-circumvention, confidentiality, public-disclosure, governing-law and dispute-resolution
provisions — would, however, be binding on the parties in accordance with their terms once executed. The principal terms of the
contemplated cooperation are summarized below.

Contemplated Scope of Cooperation

Subject to the negotiation and execution of
one or more definitive agreements (each, a “Definitive Agreement”), BlueFlare would act as FingerMotion’s primary development
partner across the full project lifecycle. Anticipated workstreams under the contemplated MOU would include the following:

Site Origination and Acquisition.
Identification, qualification, negotiation, and leasing of land, power, gas and interconnection rights for HPC and co-located bitcoin
mining sites within the Territory.

Development Management. Project
structuring, permitting, regulatory engagement, stakeholder coordination, and gas and power offtake structuring.

Design and Engineering. Conceptual
through detailed engineering for power generation, gas conditioning, electrical balance-of-plant, cooling, network and HPC white-space.

EPC / EPCM Construction. Procurement
and construction under either an engineering, procurement and construction (“EPC”) or engineering, procurement and construction
management (“EPCM”) delivery model, as the parties may agree in each applicable Definitive Agreement.

Commissioning and Operations.
Commissioning, performance testing, and ongoing operations, maintenance and monitoring services for the energy, gas conditioning and HPC
infrastructure layers.

BALA™ Platform Deployment.
Deployment of BlueFlare’s BALA™ (BlueFlare Adaptive Load Architecture™) load-following platform for integrated AI inference
and bitcoin mining load management.

The contemplated cooperation framework treats
the integration of legacy and continuing bitcoin mining operations at each site as a load-balancing and gas-continuity mechanism rather
than a primary use case, consistent with BlueFlare’s stated “From Wellhead to Workload” platform.

Initial Project Sites Identified for Evaluation

The contemplated MOU references two initial
project sites currently identified by BlueFlare for potential development on behalf of FingerMotion within the Territory. Each site is
expected to be advanced under a separate site-specific Commercial Term Sheet and one or more associated Definitive Agreements, the terms
of which would address site-level economics, capacity, schedule, construction scope, hosting structure, and applicable fee arrangements.
The parties have agreed to use commercially reasonable efforts to negotiate and execute a Commercial Term Sheet in respect of at least
one of the two initial sites within ninety (90) days following execution of the MOU. This 90-day milestone is aspirational and non-binding
in nature, and a failure to meet it would not, of itself, constitute a breach of the contemplated MOU or a basis for termination. Neither
party would be obligated under the contemplated MOU to enter into any Commercial Term Sheet or Definitive Agreement in respect of any
site.

Exclusivity and Other Binding Provisions

The contemplated MOU is structured to provide
FingerMotion with a dedicated, single-source development partner across the Territory. Under the contemplated exclusivity arrangements
— which are intended to be binding on FingerMotion once the MOU is executed — BlueFlare would serve as FingerMotion’s
sole and exclusive partner within Alberta, British Columbia and Saskatchewan for the origination, design, engineering, construction and
ongoing support of HPC

inference sites and co-located bitcoin mining
infrastructure. The exclusivity commitment is subject to customary carve-outs, including for FingerMotion’s pre-existing arrangements
disclosed in writing to BlueFlare prior to execution of the MOU, and for FingerMotion’s own internal development, evaluation and
analysis activities. For the avoidance of doubt, the exclusivity commitment is non-reciprocal: BlueFlare would not be subject to a corresponding
exclusivity obligation and may continue to pursue HPC and bitcoin mining infrastructure projects with other parties, including within
the Territory, in its sole discretion.

Why Western Canada. Why Behind-the-Meter Natural Gas.

Western Canada — and Alberta
in particular — combines abundant natural gas resources with policy frameworks the Company believes are supportive of behind-the-meter
compute development. The Government of Alberta has established a target of attracting C$100 billion in data center investment by 2030,
with policy specifically structured to incentivize developers to “bring their own power.” The Company believes this framework
positions behind-the-meter natural gas generation as a preferred infrastructure model for compute development in the province. Alberta
produces in excess of 10.9 billion cubic feet of natural gas per day, with a growing portion of that production representing an addressable
BTM power generation opportunity. The Company believes that pursuing a BTM natural gas compute strategy across Alberta, British Columbia
and Saskatchewan — if successfully executed — could offer meaningful structural advantages relative to grid-dependent compute
development in other jurisdictions. There can be no assurance, however, that the strategy will be successfully executed or that any particular
commercial outcome will be achieved.

A copy of the news release is attached as Exhibit
99.1 hereto.

The information contained
in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to
the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended,
or the Exchange Act, except as expressly set forth by specific reference in such filing.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
FNGR Fingermotion, Inc. - 8-K

Item 7.01 - Regulation FD Disclosure

Item 9.01 - Financial Statements and Exhibits
