NEW YORK–(BUSINESS WIRE)–Stensul advances AI-run enterprise campaigns with expanded MCP, Figma module creation, and automated QA within approved controls.
Month: September 2026
Model Grand Opening Event on Saturday, September 12 will showcase modern home designs in an exceptional location
CEDAR PARK, Texas, Sept. 10, 2026 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest model home grand opening in the Austin area at its Crestline at Brushy Creek community in Cedar Park, Texas. Offering two collections of single-family homes, the community features modern architecture and spacious floor plans with exceptional personalization options. A public grand opening event of the professionally designed model home will take place on Saturday, September 12 from 2pm to 5pm CT at 907 Walsh Glen Drive in Cedar Park.
Crestline at Brushy Creek showcases 12 stunning home designs in the Cypress and Juniper collections. Homes include one- and two-story floor plans ranging from 2,800 to over 4,700 square feet. Situated on expansive 60- and 70-foot-wide home sites, the home designs feature 3 to 6 bedrooms, 2.5 to 5.5 bathrooms, and 3-car garages. Pricing starts from the mid-$900,000s.
The community will include an array of exclusive resort-style amenities, including a pool with cabanas, a pavilion, and a playground, all designed to complement the surrounding natural beauty. Residents will enjoy a highly desirable location near Brushy Creek Lake Park, Champion Park Playground, Olson Meadows Park, Avery Ranch Golf Glub, and more. The community offers direct access to the extensive Brushy Creek Regional Trail for walking, jogging, or biking. Crestline at Brushy Creek is assigned to the highly rated Round Rock Independent School District, including Sommer Elementary School, Cedar Valley Middle School, and Round Rock High School.
“We are thrilled to showcase our stunning new model home at Crestline at Brushy Creek to home shoppers in the Cedar Park area,” said Brandon Cooper, Division President of Toll Brothers in Austin. “This community offers the luxury, convenience, and exceptional amenities that our customers desire in a sought-after location just north of Austin.”
Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. Quick move-in homes are also available in the community, with Designer Appointed Features already included and move-in dates later this fall.
For more information and to RSVP for the model home grand opening at Crestline at Brushy Creek, or to learn more about other Toll Brothers communities in the Austin area, visit TollBrothers.com/Austin or call 833-405-8655.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses.
Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.
From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.
Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b1d588e1-c610-4bb1-9720-2ca23038e08c
https://www.globenewswire.com/NewsRoom/AttachmentNg/4f280bac-ec3c-485d-8380-3c0dc6863aca
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
| Regulated Information |
Issy-les-Moulineaux, September 10, 2026
Sodexo: Disclosure of transactions in own shares carried out from September 2, 2026 to September 4, 2026
Sodexo purchased treasury shares, outside of its liquidity contract, within the framework of its share buyback program as authorized by the Shareholders’ Meeting held on December 16, 2025.
These shares have been acquired to honor obligations related to free shares award plans.
Information on these transactions are the following:
| Trading date | LEI | ISIN | Volume (in number of shares) |
Weighted average purchase price (in euros) |
Market |
| 02/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 2,378 | 58.0773 | XPAR |
| 02/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 1,353 | 58.0765 | CEUX |
| 02/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 636 | 58.0488 | AQEU |
| 02/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 653 | 58.0397 | TQEX |
| 03/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 8,647 | 58.0763 | XPAR |
| 03/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 4,838 | 58.1404 | CEUX |
| 03/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 523 | 57.6254 | AQEU |
| 03/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 1,013 | 58.1886 | TQEX |
| 04/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 4,632 | 58.3336 | XPAR |
| 04/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 475 | 58.5269 | AQEU |
| 04/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 4,459 | 58.3422 | CEUX |
| 04/09/2026 | 969500AGKR3PRJG4WD05 | FR0000121220 | 619 | 58.4801 | TQEX |
| Total | 30,226 | 58.1752 | |||
Detailed information on these transactions may be found on the Sodexo website (https://www.sodexo.com/en/investors/regulated-information).
About Sodexo
Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the leader in Food and Services, shaping better everyday experiences at every moment in life: work, heal, learn and play. The Group stands out for its independence, its founding family shareholding and its responsible business model. With its services, Sodexo meets all the challenges of everyday life with a dual goal: to improve the quality of life of our employees and those we serve, and contribute to the economic, social and environmental progress in the communities where we operate. Our purpose is to create a better everyday for everyone to build a better life for all. Sodexo is included in the CAC Next 20, CAC SBT 1.5, FTSE 4 Good et DJSI indices.
Key Figures
|
|
Contacts
| Investor Relations | Corporate Legal |
| Juliette KLEIN +33 1 57 75 80 27 juliette.klein@sodexo.com |
Olivia GUILLAUME +33 6 15 20 99 48 olivia.guillaume@sodexo.com |
Attachment
Iveco Group announces Senior Leadership Team changes
Turin, 10th September 2026. Iveco Group N.V. (EXM: IVG) announces that Michele Ziosi, Chief Global Affairs & Sustainability Officer and member of the Senior Leadership Team, will leave the Company on 30th September to pursue a new professional opportunity.
Mr Ziosi has played a key role in strengthening the Group’s institutional relations and sustainability agenda during a period of profound transformation for both the Company and the broader transport industry. He will remain in his current role until his departure date, ensuring continuity and a smooth transition of responsibilities.
Following his departure, the Global Affairs and Sustainability activities will be reorganised internally to ensure full continuity of ongoing initiatives, while further strengthening alignment with business priorities and the specific needs of the Group during this transformational phase.
Olof Persson, CEO, Iveco Group, commented: “I would like to thank Michele for his commitment, professionalism and valuable contribution to Iveco Group over the years. He has consistently advanced the interests and positions of our Group in a complex and ever-evolving environment, always guided by a broader vision focused on creating value for our society as a whole, supporting causes that matter to our communities and promoting sustainability and responsible business practices. On behalf of the Senior Leadership Team, I wish him every success in his future endeavours.”
Iveco Group N.V. (EXM: IVG) is a global player in the automotive industry, built on a strong Italian heritage and with a consolidated international reach. The Group channels decades of engineering excellence and innovation into sustainable mobility and customer driven technologies. Its five brands play a leading role in their respective domains: IVECO, a pioneering commercial vehicles brand offering heavy, medium and light duty trucks; FPT, a global leader in advanced powertrain technologies in the agriculture, construction, marine, power generation and commercial vehicles sectors; IVECO BUS and HEULIEZ, renowned for their mass transit, premium bus and coach solutions; and IVECO CAPITAL, the Group’s financing arm supporting them all. Iveco Group employs 33,000 people and operates 16 industrial sites and 22 R&D centres. Further information is available at www.ivecogroup.com
Media Contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007
E-mail: mediarelations@ivecogroup.com
Investor Relations:
Federico Donati, Tel: +39 011 0073539
E-mail: investor.relations@ivecogroup.com
Attachment
Disclosure of Share Capital and Voting Rights Outstanding
as of August 31, 2026
(Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations of the Autorité des Marchés Financiers)
Paris, France (September 10, 2026 – 6:00 pm) – As of August 31, 2026, shares and voting rights outstanding of EssilorLuxottica, the global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, breaks down as indicated below.
| August 31, 2026 | |
| Shares outstanding | 464,247,548 |
| Number of real voting rights (excluding treasury shares) | 459,153,735 |
| Theoretical number of voting rights (including treasury shares) | 464,247,548 |
It is to be noted that voting rights are capped at 31%, applicable to any shareholder, in accordance with a formula contained in article 23 of EssilorLuxottica’s by-laws1.
1EssilorLuxottica’s by-laws are available on the Company’s website under the section Governance / Publications.
Attachment
Lille (France), Cambridge (Massachusetts, United States), September 10, 2026 – GENFIT (Euronext: GNFT), a biopharmaceutical company dedicated to improving the lives of patients with rare and life-threatening liver diseases, today announced that management will participate in the upcoming H.C. Wainwright 28th Annual Global Investment Conference.
Conference Details:
H.C. Wainwright 28th Annual Global Investment Conference
Date: September 15, 2026, at 11:00am ET
Location: New York City, NY
Format: Presentation and 1 on 1 meetings
The presentation / webcast replay will be accessible through the “Events and Presentations” page of the Investor Relations section of the Company’s website at https://ir.genfit.com/.
END
ABOUT GENFIT
GENFIT is a biopharmaceutical company committed to improving the lives of patients with rare, life-threatening liver diseases whose medical needs remain largely unmet. GENFIT is a pioneer in liver disease research and development with a rich history and a solid scientific heritage spanning more than two decades. Today, GENFIT focuses on Acute on-chronic Liver Failure (ACLF) and associated conditions such as acute decompensation (AD) and hepatic encephalopathy (HE). It develops therapeutic assets which have complementary mechanisms of action, selected to address key pathophysiological pathways. GENFIT also targets other serious diseases, such as cholangiocarcinoma (CCA), urea cycle disorders (UCD) and organic acidemia (OA). Its R&D portfolio, covering several stages of development, ensures a constant news flow. GENFIT’s expertise in developing high-potential molecules – from early to advanced pre-commercialization stages – culminated in 2024 with the accelerated approval of Iqirvo® (elafibranor) by the U.S. Food and Drug Administration (FDA), the European Medicines Agency (EMA) and the Medicines and Healthcare products Regulatory Agency (MHRA) in the United Kingdom for second-line treatment of Primary Biliary Cholangitis (PBC). Iqirvo® is now marketed in several countries.1 Beyond therapies, GENFIT also has a diagnostic franchise including NIS2+® for the detection of Metabolic dysfunction-associated steatohepatitis (MASH, formerly known as NASH for non-alcoholic steatohepatitis). GENFIT, a BCorp™ certified company since 2025, is headquartered in Lille, France and has offices in Paris (France) and Cambridge, MA (USA). The Company is listed on the Euronext regulated market in Paris, Compartment B (Euronext: GNFT). In 2021, Ipsen became one of GENFIT’s largest shareholders, acquiring an 8% stake in the Company’s capital. www.genfit.com
FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements with respect to GENFIT. The use of certain words, such as “believe”, “potential”, “expect”, “target”, “may”, “will”, “should”, “could”, “if” and similar expressions, is intended to identify forward-looking statements. Although the Company believes its expectations are based on the current expectations and reasonable assumptions of the Company’s management, these forward-looking statements are subject to numerous known and unknown risks and uncertainties, which could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking statements. These risks and uncertainties include, among others, the uncertainties inherent in research and development, including in relation to non-clinical and pre-clinical programs, reproducibility of preclinical results, the translation of animal model data to human biology, in relation to safety of drug candidates, cost of, progression of, and results from, our ongoing and planned clinical trials, patient recruitment, review and approvals by regulatory authorities in the United States, Europe and worldwide, of our drug and diagnostic candidates, pricing, approval and commercial success of elafibranor in the relevant jurisdictions, exchange rate fluctuations, and our continued ability to raise capital to fund our development, as well as those risks and uncertainties discussed or identified in the Company’s public filings with the AMF, including those listed in Chapter 2 “Risk Factors and Internal Control” of the Company’s 2025 Universal Registration Document filed on April 3, 2026 (no. 26-0221) with the Autorité des marchés financiers (“AMF”), which is available on GENFIT’s website (www.genfit.fr) and the AMF’s website (www.amf.org), and those discussed in reports filed with the AMF or otherwise made public, by the Company. In addition, even if the results, performance, financial position and liquidity of the Company and the development of the industry in which it operates are consistent with such forward-looking statements, they may not be predictive of results or developments in future periods. These forward-looking statements speak only as of the date of publication of this press release. Other than as required by applicable law, the Company does not undertake any obligation to update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise.
CONTACTS
GENFIT | Investors
Jean-Christophe Marcoux – Chief Corporate Affairs Officer | Tel: +33 3 2016 4000 | jean-christophe.marcoux@genfit.com
Kevin Gardner – Life Science Advisors | kgardner@lifesciadvisors.com
GENFIT | Media
Bruno Arabian – Agence Maarc | Tel: +33 6 87 88 47 26 | bruno.arabian@maarc.fr
Stephanie Boyer – Press relations | Tel: +333 2016 4000 | stephanie.boyer@genfit.com
GENFIT | 885 Avenue Eugène Avinée, 59120 Loos – FRANCE | +333 2016 4000 | www.genfit.com
1 Elafibranor is marketed and commercialized, notably in the U.S and Europe, by Ipsen under the trademark Iqirvo®
Attachment
Primary Mortgage Market Survey®
MCLEAN, Va., Sept. 10, 2026 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.76%.
“The 30-year fixed-rate mortgage averaged 6.76% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Aspiring buyers should remember shopping around for the best mortgage rate and getting multiple quotes can potentially save them thousands.”
News Facts
- The 30-year FRM averaged 6.76% as of September 10, 2026, up from last week when it averaged 6.71%. A year ago at this time, the 30-year FRM averaged 6.35%.
- The 15-year FRM averaged 6.09%, up from last week when it averaged 6.04%. A year ago at this time, the 15-year FRM averaged 5.50%.
The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions.
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube
MEDIA CONTACT:
Mollie Laniado
(571) 382-1784
Mollie_Laniado@FreddieMac.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0eaadf2c-0049-403c-8f41-d8e8f8786810
Monthly declaration of the total number of shares and voting rights composing the company’s capital (at August 31st, 2026)
This declaration is established in accordance with Article L.233-8 II of the French Code de Commerce and of Article 223-11 of the Règlement Général of the Autorité des marchés financiers (AMF).
Date:
August 31st, 2026
Total number of shares composing the capital:
38,083,496
Total number of voting rights, gross (1):
38,083,496
Total number of voting rights, net (2):
37,148,030
(1) In accordance with the second paragraph of article 223-11 of the Règlement Général of the AMF, the gross total of voting rights is based on the total number of shares composing the company’s capital which have voting rights, including shares deprived of their voting rights
(2) The net total of voting rights is equal to the gross total, minus the number of shares deprived of their voting rights (treasury shares)
Other than the legal notification requirements for crossing the thresholds established by French law, there is no special statutory obligation.
Attachment
First Site Acquisition in Brooks Campus Zone Features Behind the Meter Natural Gas Generation with No Grid Interconnection, Transmission Tariff or Interconnection Queue
WEST PALM BEACH, FL. and CALGARY, Alberta, Canada, Sept. 10, 2026 (GLOBE NEWSWIRE) — FingerMotion, Inc. (Nasdaq: FNGR) (“FingerMotion” or the “Company”) today announced that they have entered into a binding memorandum of understanding pursuant to which FingerMotion will acquire the land rights and permitting for a 9.9 megawatt behind-the-meter power generation and compute site in the County of Newell, Alberta, approximately 185 kilometres southeast of Calgary.
The site is the first acquisition in the Brooks Campus Zone, a designated development area in Southern Alberta in which FingerMotion intends to assemble a group of separately owned and separately permitted 9.9 MW sites, developed and operated by one field organization and expanded as client demand for powered land requires.
The Site
The site sits on industrial-capable land adjacent to an operating third-party natural gas facility capable of delivering fuel at the parcel boundary. Power is to be generated and consumed on site, behind the meter, so the project does not require a grid interconnection request, a position in an interconnection queue, or a transmission service arrangement. The site has established road access and an identified route to carrier fiber.
FingerMotion will pursue permitting for the site as a below-the-ten-megawatt-threshold individual power plant under Alberta Utilities Commission Rule 007, together with an Industrial System Designation enabling behind-the-meter self-supply. The Company is targeting a fully permitted site within 120 days of release to work.
The Company’s preexisting relationship with BlueFlare Group Holdings Inc. is a key component of the project as it enables development (including land assembly, diligence and permitting) and operation by an Alberta-based, owned and operated company staffed by Alberta employees and served by Alberta vendors.
Development phases
FingerMotion has a consistent for development of sites in its Alberta program through the same three phases, in order:
- Phase one — permitting. Acquire the land and obtain the full permit set for a distinct 9.9 MW power plant and compute facility, held in the Company’s name. This site is entering phase one.
- Phase two — energization. Install the gas tap and conditioning, generation and switchgear, and bring the site to live power. A site is released to this phase only against contracted demand, on execution of a take-or-pay agreement with the customer’s deposit funded.
- Phase three — modular data halls. Construct compute capacity in modular data halls, or MDHs, configured to the customer’s requirement within the permitted envelope, under a separate construction contract.
Until a site is released to phase two, it is held as permitted, titled land at limited holding cost.
The Company is also following a parallel path to actively identify and pursue offtake opportunities to match supply in demand as sites undergo phases two and three of the plan.
Management commentary
“Powered land is the scarce input in this market, and the County of Newell is where we want to own it,” said Jolie Kahn, Chief Executive Officer of FingerMotion. “By generating power behind the meter adjacent to existing natural gas infrastructure in Newell County, we expect to avoid the grid interconnection and transmission bottlenecks facing many conventional data center projects in a geographically advantageous region. This is the first building block of the Brooks Campus Zone and provides the firm foundation upon which we intend to build.”
“For our intended AI and HPC customers, the critical attributes are industrial ground, an operating gas facility on the boundary, road access and accessible fiber routes. This site brings those elements together,” said Landon Ruszkowski, Chief Executive Officer of BlueFlare Group Holdings Inc. “With the rare intersection of all of these four critical factors in one locale, we are well situated to move forward with this attractive foundation for developing contracted compute capacity.”
About FingerMotion, Inc.
FingerMotion is a technology company serving a growing base of users across the mobile payment, recharge, and data-analytics markets in the People’s Republic of China. The Company continues to develop new tools and services for those users, with the long-term objective of expanding that base organically into a large and highly engaged community — scale the Company believes will support relationships with larger, higher-value customers over time. The Company also evaluates emerging technologies for adjacent opportunities. FingerMotion is extending that strategy into the enterprise AI and cloud compute market.
About BlueFlare Group Holdings Inc.
BlueFlare Group Holdings Inc. is an energy operating group based in Calgary, Alberta, active in the acquisition, permitting, construction and operation of behind-the-meter natural gas power generation and associated compute infrastructure.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the satisfaction of closing conditions and the completion of the acquisition; the targeted permitting timetable and expected regulatory pathway for the site; the designation, composition and expansion of the Brooks Campus Zone; the anticipated phasing of development through energization and construction of modular data halls; and the Company’s expectations as to customer demand for capacity.
While the memorandum of understanding is binding on both parties, completion of the acquisition remains subject to the satisfaction of closing conditions, and no assurance is given that those conditions will be satisfied or that the acquisition will be completed on the terms contemplated or at all. No site has been permitted, and the 9.9-megawatt figure is a development target, not capacity in service.
These statements are based on management’s current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially, including: the failure to satisfy closing conditions; the refusal, delay or conditioning of any required permit or approval, including any determination by a regulatory authority that the site should be assessed other than as an individual power plant below the ten megawatt threshold; the inability to secure fuel supply or site access on acceptable terms; the absence or delay of contracted demand, without which the site does not advance to energization or construction; the Company’s ability to fund the acquisition, development, construction and energization; the counterparty’s ability to perform; and the risks described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.
Contacts
FingerMotion, Inc. — ir@fingermotion.com
First Site Acquisition in Brooks Campus Zone Features Behind the Meter Natural Gas Generation with No Grid Interconnection, Transmission Tariff or Interconnection Queue
WEST PALM BEACH, FL. and CALGARY, Alberta, Canada, Sept. 10, 2026 (GLOBE NEWSWIRE) — FingerMotion, Inc. (Nasdaq: FNGR) (“FingerMotion” or the “Company”) today announced that they have entered into a binding memorandum of understanding pursuant to which FingerMotion will acquire the land rights and permitting for a 9.9 megawatt behind-the-meter power generation and compute site in the County of Newell, Alberta, approximately 185 kilometres southeast of Calgary.
The site is the first acquisition in the Brooks Campus Zone, a designated development area in Southern Alberta in which FingerMotion intends to assemble a group of separately owned and separately permitted 9.9 MW sites, developed and operated by one field organization and expanded as client demand for powered land requires.
The Site
The site sits on industrial-capable land adjacent to an operating third-party natural gas facility capable of delivering fuel at the parcel boundary. Power is to be generated and consumed on site, behind the meter, so the project does not require a grid interconnection request, a position in an interconnection queue, or a transmission service arrangement. The site has established road access and an identified route to carrier fiber.
FingerMotion will pursue permitting for the site as a below-the-ten-megawatt-threshold individual power plant under Alberta Utilities Commission Rule 007, together with an Industrial System Designation enabling behind-the-meter self-supply. The Company is targeting a fully permitted site within 120 days of release to work.
The Company’s preexisting relationship with BlueFlare Group Holdings Inc. is a key component of the project as it enables development (including land assembly, diligence and permitting) and operation by an Alberta-based, owned and operated company staffed by Alberta employees and served by Alberta vendors.
Development phases
FingerMotion has a consistent for development of sites in its Alberta program through the same three phases, in order:
- Phase one — permitting. Acquire the land and obtain the full permit set for a distinct 9.9 MW power plant and compute facility, held in the Company’s name. This site is entering phase one.
- Phase two — energization. Install the gas tap and conditioning, generation and switchgear, and bring the site to live power. A site is released to this phase only against contracted demand, on execution of a take-or-pay agreement with the customer’s deposit funded.
- Phase three — modular data halls. Construct compute capacity in modular data halls, or MDHs, configured to the customer’s requirement within the permitted envelope, under a separate construction contract.
Until a site is released to phase two, it is held as permitted, titled land at limited holding cost.
The Company is also following a parallel path to actively identify and pursue offtake opportunities to match supply in demand as sites undergo phases two and three of the plan.
Management commentary
“Powered land is the scarce input in this market, and the County of Newell is where we want to own it,” said Jolie Kahn, Chief Executive Officer of FingerMotion. “By generating power behind the meter adjacent to existing natural gas infrastructure in Newell County, we expect to avoid the grid interconnection and transmission bottlenecks facing many conventional data center projects in a geographically advantageous region. This is the first building block of the Brooks Campus Zone and provides the firm foundation upon which we intend to build.”
“For our intended AI and HPC customers, the critical attributes are industrial ground, an operating gas facility on the boundary, road access and accessible fiber routes. This site brings those elements together,” said Landon Ruszkowski, Chief Executive Officer of BlueFlare Group Holdings Inc. “With the rare intersection of all of these four critical factors in one locale, we are well situated to move forward with this attractive foundation for developing contracted compute capacity.”
About FingerMotion, Inc.
FingerMotion is a technology company serving a growing base of users across the mobile payment, recharge, and data-analytics markets in the People’s Republic of China. The Company continues to develop new tools and services for those users, with the long-term objective of expanding that base organically into a large and highly engaged community — scale the Company believes will support relationships with larger, higher-value customers over time. The Company also evaluates emerging technologies for adjacent opportunities. FingerMotion is extending that strategy into the enterprise AI and cloud compute market.
About BlueFlare Group Holdings Inc.
BlueFlare Group Holdings Inc. is an energy operating group based in Calgary, Alberta, active in the acquisition, permitting, construction and operation of behind-the-meter natural gas power generation and associated compute infrastructure.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the satisfaction of closing conditions and the completion of the acquisition; the targeted permitting timetable and expected regulatory pathway for the site; the designation, composition and expansion of the Brooks Campus Zone; the anticipated phasing of development through energization and construction of modular data halls; and the Company’s expectations as to customer demand for capacity.
While the memorandum of understanding is binding on both parties, completion of the acquisition remains subject to the satisfaction of closing conditions, and no assurance is given that those conditions will be satisfied or that the acquisition will be completed on the terms contemplated or at all. No site has been permitted, and the 9.9-megawatt figure is a development target, not capacity in service.
These statements are based on management’s current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially, including: the failure to satisfy closing conditions; the refusal, delay or conditioning of any required permit or approval, including any determination by a regulatory authority that the site should be assessed other than as an individual power plant below the ten megawatt threshold; the inability to secure fuel supply or site access on acceptable terms; the absence or delay of contracted demand, without which the site does not advance to energization or construction; the Company’s ability to fund the acquisition, development, construction and energization; the counterparty’s ability to perform; and the risks described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.
Contacts
FingerMotion, Inc. — ir@fingermotion.com