Triple Point Resources is advancing the Fischells Salt Dome, one of the few known North American subsurface assets capable of supporting commercial-scale solution-mined caverns for long-duration energy and industrial storage. Salt domes of this quality are exceptionally scarce, highly defensible assets with multi-decade revenue potential across hydrogen, natural gas, and strategic storage markets.

The Fischells Dome is strategically positioned near tidewater in Newfoundland & Labrador, offering direct access to export corridors, Atlantic Basin demand, and emerging clean-energy infrastructure. As global energy systems transition toward intermittent generation and low-carbon fuels, secure underground storage has become a critical bottleneck — and salt caverns are widely recognized as the safest, most cost-effective solution at scale.

Triple Point is currently in the project development and de-risking phase, advancing geological validation, engineering design, regulatory engagement, and early commercial discussions with potential offtakers and strategic partners. The asset is being structured as a long-life infrastructure platform rather than a single-use project, enabling phased development and multiple revenue streams over time.

The company is raising a project development / growth round to fund: - Advanced geological and engineering studies - Cavern design and solution-mining planning - Permitting and regulatory progress - Commercial structuring and offtake engagement

This round is designed to materially de-risk the asset and position Fischells for final investment decisions and project-level financing in subsequent phases.

Why now: Demand for long-duration energy storage and hydrogen infrastructure is accelerating faster than subsurface capacity can be developed. Assets like Fischells (scarce, technically viable, and well-located) are increasingly viewed as strategic infrastructure, not speculative resources. Early participation provides exposure to a platform asset with defensible geology, long asset life, and expanding relevance in the global energy transition.

Impact focus: By enabling large-scale energy and hydrogen storage, the Fischells Salt Dome supports grid resilience, industrial decarbonization, and efficient energy systems; delivering measurable climate and infrastructure impact alongside long-term economic value.