Allied Energy Corporation Completes Definitive Agreement for Three-Phase Acquisition of Puma Gold Property in California

Allied Energy Corporation (OTC: AGYP) has executed a definitive agreement to acquire a 100% interest in the Puma Gold Property in San Bernardino County, California through a three-phase earned interest structure. The phased approach includes historical drill validation (40% interest), resource definition and pilot testing (35% interest), and feasibility and production readiness (25% interest), with total commitments of approximately $3.65 million in cash, shares, and work expenditures over an estimated 2-3 year period.