Dec 9 (Reuters) - Bayshore Petroleum Corp BSH.V :
* Announces Binding Letter of Intent to merge and jointly develop Athabasca
Oilsands property produce commercial diesel using new technologies
* Deal for C$35 million
* Shareholders of ET will be offered maximum of 175 million new Bayshore shares
at $0.20 per Bayshore share
* Entered arms-length Binding Letter of Intent dated December 7, 2015, with E-T Energy Ltd
* Source text for Eikon ID:nCCN5GMGQZ
* Further company coverage BSH.V