FingerMotion expands Alberta AI footprint with a 20.2-acre Hanna Campus targeting 6 MW of inference compute
The binding land deal moves FNGR from “pipeline to property” while adding a smaller, community-fit 6 MW site alongside its 99 MW Alberta program
FingerMotion, Inc. (NASDAQ:FNGR) announced it has entered into a binding Agreement of Purchase and Sale—together with BlueFlare Group Holdings Inc.—to acquire approximately 20.2 acres of land at 409 Pioneer Trail S. in the Town of Hanna, Alberta. The site is expected to be developed as Hanna Campus #1, an AI inference compute campus powered by a mix of local grid supply and behind-the-meter natural gas generation.
The agreement was fully executed on September 30, 2026, and the company framed the development as additive to the 99 MW Alberta development program it announced on September 10, 2026. CEO Jolie Kahn said “Hanna Campus #1 moves us from pipeline to property,” pointing to land control, grid access, and a partner that can build and run on-site generation.
Project structure and timing emphasize diligence first, then a defined path to closing
FingerMotion said the transaction includes a 60-day due diligence period covering title, environmental condition, zoning and permits for industrial/energy/data use, utilities and access, and financing. The company stated that closing is scheduled 30 days after conditions are waived.
Title will be held by Hanna Campus #1 Inc., described as a single-purpose Alberta corporation, consistent with the program’s “one-site, one-project-company” approach across Alberta.
| Item | Details (per press release) |
|---|---|
| Agreement status | Binding Agreement of Purchase and Sale; fully executed September 30, 2026 |
| Site | ~20.2 acres (8.18 hectares) at 409 Pioneer Trail S., Town of Hanna, Alberta |
| Project vehicle | Hanna Campus #1 Inc. (single-purpose Alberta corporation) |
| Due diligence | 60 days (title, environmental, zoning/permits, utilities/access, financing) |
| Closing timing | Scheduled 30 days after conditions are waived |
Power design targets 6 MW by blending grid supply with behind-the-meter natural gas generation
FingerMotion described Hanna Campus #1 as planned for AI inference compute, with a design that contemplates 3 MW of local grid supply plus 3 MW of behind-the-meter natural gas generation, for a contemplated capacity of 6 MW.
BlueFlare is expected to design, build, and operate the site’s power and infrastructure. FingerMotion also said development permit applications are planned during the due diligence period, with construction to follow closing and permit approval.
| Planned power component | Contemplated capacity | Role / notes |
|---|---|---|
| Local grid supply | 3 MW | Part of the planned energy mix for AI inference compute |
| Behind-the-meter natural gas generation | 3 MW | BlueFlare to design/build/operate power and infrastructure |
| Total contemplated capacity | 6 MW | Planned as a small-scale campus (not hyperscale) |
The “why Hanna” thesis centers on speed to energized capacity via owned land, nearby grid, and optionality for on-site generation
In the release, FingerMotion argued that “access to power, not construction, is the binding constraint on new AI capacity.” The company positioned Hanna Campus #1 as a way to shorten the path to energized capacity compared with a grid-only approach by combining owned land, nearby grid infrastructure, and the ability to add on-site generation.
FingerMotion added that owning the land outright provides long-term control and expansion optionality, and stated it intends to continue securing sites across Alberta as client demand for powered capacity requires.
The facility is positioned as a community-fit 6 MW campus rather than a hyperscale build
FingerMotion and BlueFlare emphasized that Hanna Campus #1 is intended to be small-scale, with the contemplated 6 MW capacity described as a fraction of the “hundreds of megawatts” common at hyperscale campuses. The facility is planned as a low-profile, warehouse-style building on an existing 20-acre parcel within the town.
BlueFlare CEO Landon Ruszkowski said BlueFlare hires locally first and intends to work through the Town of Hanna’s municipal development permit process, with staffing around the clock as a responsible neighbor.
Market snapshot: FNGR traded at $0.23 as of 10:58 AM during market hours
As of 10:58 AM during market hours, FNGR traded at $0.23 (up $0.05 on the session, per the provided data). Investors weighing the announcement may focus on the defined diligence/closing timeline, the 6 MW power plan split between grid and behind-the-meter generation, and how this site complements the company’s previously announced 99 MW Alberta development program.
| Metric (10:58 AM) | Value |
|---|---|
| Stock price | $0.23 |
| Price change | $0.05 |
| Percent change | 30.68% |
Forward-looking elements hinge on due diligence, financing, permitting, and interconnection
The press release includes forward-looking statements related to completion of the acquisition, satisfaction of closing conditions, planned power capacity, permitting, construction timing, and future site acquisitions. Risks cited include the outcome of due diligence, availability of financing, utility interconnection and permitting approvals, equipment availability, and market demand for AI compute, among others described in the company’s SEC filings.
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