FingerMotion's Brooks Campus No. 1 Subsidiary Inks Letter Of Intent With Cascadia Industries For Up To 7 MW Of IT Liquid-Cooled Colocation Capacity In Alberta; Agreement Anticipated To Generate Over $100M Revenue In Initial Five Years If Terms Reached

FingerMotion, Inc. (NASDAQ:FNGR) ("FingerMotion" or the "Company") today announced that Brooks Campus No. 1 Inc., its wholly owned subsidiary, has entered into a non-binding Letter of Intent and Expression of Interest (the "Expression of Interest") with Cascadia Industries Ltd., doing business as Cascadia Power ("Cascadia"), acting for itself and on behalf of a colocation client it represents (the "Client"), regarding up to 7 MW of critical IT liquid-cooled colocation capacity at Brooks Campus #1 in the County of Newell, Alberta. Based on the commercial terms contemplated under the Expression of Interest, the arrangement is expected to generate in excess of $100 million in contracted revenue over an initial five-year term if definitive agreements are reached.