Atlas Salt Inc REMRF

Triple Point Resources Ltd. Assessment Confirms

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Highlights:

• New assessment and 3D model validate larger than expected salt dome - confirming potential to store more than 35 million cubic meters, or the equivalent of 180,000 tonnes of hydrogen - would make Fishell's Dome the largest salt storage facility on North America's east coast.
• The Company continues to strengthen its highly qualified and connected team to advance the development of the Fischell Salt Dome as part of Newfoundland and Labrador's clean energy industry.
• The Board continues to evaluate the timing and method of creating liquidity for current Triple Point shareholders.

St. John's, Newfoundland--(Newsfile Corp. - June 8, 2023) - Triple Point Resources Ltd. ("Triple Point" or the "Company"), a leading provider of clean energy underground storage solutions, is pleased to announce the successful completion of the Phase 1 Dome Assessment for its 100% owned Fischell Salt Dome, located 30 km south of Stephenville on the west coast of Newfoundland.

Triple Point Resources Ltd. Assessment Confirms Larger than Expected Hydrogen Storage Potential of Fischell Salt Dome (newsfilecorp.com)