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NEWCAP WINS LICENCE FOR FREDERICTON ROCK STATION

Newcap, a subsidiary of Newfoundland Capital of Dartmouth, NS, has received a licence from the Canadian Radio-television and Telecommunications Commission for a new FM radio station in Fredericton, NB. The station will air classic rock music at the frequency 92.3 FM. Newcap intends to begin broadcasting in Fredericton "as early as possible" in 2005.

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