Stingray Radio To Acquire CHUP-FM/Calgary

• Stingray announced that its wholly-owned subsidiary, Stingray Radio, has entered into an agreement to acquire the assets of Hot AC CHUP-FM (C97.7)/Calgary, Alberta, from Rawlco Radio, subject to approval from the Canadian Radio-television and Telecommunications Commission (CRTC).

“We are excited to expand our presence in the vibrant Calgary market,” commented Steve Jones, President of Stingray Radio. “C97.7 has built a strong connection with listeners and the community, and we are committed to continuing the fantastic legacy that the Rawlco Radio team started. This acquisition is a natural complement to our existing Calgary stations, strengthening our portfolio of high-quality radio stations and reinforcing our commitment to providing the best in local radio to audiences and businesses across Canada.”

Stingray Radio owns and operates 33 radio licenses in the province of Alberta, including CKMP-FM (90.3 AMP Radio) and CFXL-FM (XL 103)/Calgary, and 96 radio stations across Canada. The transaction is subject to CRTC approval, which is anticipated in the second quarter of Fiscal 2027. Financial terms have not been disclosed.