Why Is FingerMotion Stock Up Today?
FingerMotion signed a binding commitment for the land rights and permitting of a 9.9 MW behind-the-meter power and compute site in the County of Newell, Alberta. The stock was 6.625% higher one minute after the 11:55 ET announcement and 10.051% higher after ten.
- FingerMotion signed a binding memorandum of understanding to acquire the land rights and permitting for a 9.9 MW behind-the-meter power generation and compute site about 185 kilometres southeast of Calgary.
- The site is the first in a planned Brooks Campus Zone of separately permitted 9.9 MW sites, and the company targets full permits within 120 days of release to work.
- The stock went from $0.1751 to $0.1867 in the first minute after the 11:55 ET announcement, a 6.625% rise, and reached $0.1927 after ten minutes, 10.051% higher.
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| FNGR Volume 85.8× normal in 15 min |
0.18 | 0.18 | 0.19 | — | +6.63% | — |
FingerMotion stock is up because the company signed a binding commitment at 11:55 ET on September 10, 2026, to acquire the land rights and permitting for a 9.9 MW power generation and compute site in the County of Newell, Alberta. The stock went from $0.1751 to $0.1867 in the first minute, a 6.625% rise, and kept climbing to $0.1927 ten minutes later, 10.051% above where it started.
What FingerMotion agreed to
The company entered a binding memorandum of understanding for a site about 185 kilometres southeast of Calgary.
- The site is designed to generate its own power behind the meter.
- It sits on industrial-capable land next to an operating third-party natural gas facility that can deliver fuel at the parcel boundary.
- It is the first acquisition in what FingerMotion calls the Brooks Campus Zone, where it intends to assemble a group of separately owned and separately permitted 9.9 MW sites run by one field organization.
- The company is targeting a fully permitted site within 120 days of release to work.
Why the site is 9.9 MW
The size keeps each site below Alberta's ten-megawatt threshold. FingerMotion plans to permit it as an individual power plant under Alberta Utilities Commission Rule 007, together with an Industrial System Designation that allows behind-the-meter self-supply. Adding more sites of the same size, each permitted on its own, is how the company plans to expand as client demand for powered land requires.
How the stock traded
| Time (ET) | Price | Change from before |
|---|---|---|
| Before 11:55 | $0.1751 | — |
| 11:56 | $0.1867 | +6.625% |
| 12:05 | $0.1927 | +10.051% |
The move kept building after the first minute instead of fading back toward the starting price.
The week before
On September 3, FingerMotion announced a non-binding three-party memorandum of understanding with Lyken.AI and BlueFlare and gave an update on gas-supply discussions in the Alberta corridor. The September 10 commitment attaches that plan to a specific parcel under a binding agreement.
What is still ahead
The commitment covers land rights and permitting. The site still has to receive its permits, install generation and sign clients for the power, and the 120-day permitting target counts from release to work.
Why is FingerMotion stock up today?
FingerMotion signed a binding commitment at 11:55 ET to acquire the land rights and permitting for a 9.9 MW powered land site in the County of Newell, Alberta. The stock rose 6.625% in the first minute and was 10.051% higher ten minutes later.
What is powered land?
Powered land is a site that comes with its own electricity supply for computing equipment. FingerMotion's Alberta site would generate power behind the meter, using natural gas delivered at the parcel boundary by a neighboring facility.
Where is the FingerMotion Alberta site?
In the County of Newell, about 185 kilometres southeast of Calgary, on industrial-capable land next to an operating natural gas facility. It is the first site in the company's planned Brooks Campus Zone.
Sources
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FingerMotion Signs Binding Commitment to Acquire Rights and Permitting for 9.9 MW Powered Land Site in County of Newell, Alberta
— GlobeNewswire
FingerMotion entered a binding MOU to acquire land rights and permitting for a 9.9 MW behind-the-meter site in the County of Newell about 185 km southeast of Calgary, the first in its Brooks Campus Zone, adjacent to an operating third-party gas facility, to be permitted under AUC Rule 007 with an Industrial System Designation, targeting full permits within 120 days of release to work.
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A planned Alberta site would generate its own power without joining the grid. FingerMotion signed a binding agreement.
— StockTitan
The planned Alberta site would generate its own power, and FingerMotion signed a binding agreement for it.
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FingerMotion Inc. (NASDAQ: FNGR) to Acquire 9.9 MW Alberta Power Generation and Compute Site
— InvestorWire
FingerMotion is acquiring a 9.9 MW Alberta power generation and compute site.
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FingerMotion Announces Non-Binding Three-Party MOU with Lyken.AI and BlueFlare and Provides Update on Alberta Corridor Gas-Supply Discussions
— GlobeNewswire
On September 3 FingerMotion announced a non-binding three-party MOU with Lyken.AI and BlueFlare and updated its Alberta corridor gas-supply discussions.
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