$FNGR

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FingerMotion Signs Binding MoU for Powered Land Site in Alberta

FingerMotion (FNGR) said Thursday it has entered into a binding memorandum of understanding to acquire the land rights and permitting for a 9.9-megawatt, behind-the-meter power generation and compute site in Newell, Alberta.The site is adjacent to a third-party, operating natural gas facility, with established road access and an identified route to carrier fiber, the company said. Financial terms were not provided.The company said it is targeting a fully permitted site within 120 days of release to work.Shares were up over 4% in afternoon trading.Price: $0.19, Change: $+0.01, Percent Change: +4.19%

$FNGR

Wire98d ago

FingerMotion to Expand AI Infrastructure

FingerMotion (FNGR) plans to expand its infrastructure strategy using the modular AI-focused computing facilities, the company said Wednesday.The plan builds on the company's current telecommunications and tech platform. Instead of cloud AI facilities, the company is using self-contained AI compute units which can be used based on customer demand and regional requirements, the company said.Shares of FingerMotion declined more than 2% in Thursday's pre-bell trading.Price: $0.87, Change: $-0.024, Percent Change: -2.67%

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