It’s one of several radio stations that will be closed in the province, according to reports last week.
Stations in Grand Falls-Windsor and Stephenville are will also close, according to reports from other media.
CHCM has operated on the Burin Peninsula since 1962.
Mayor Sam Synard said the station played a big part in the community.
“Everything from school reports to public announcements, even something as simple as ticket draws- CHCM was a real fiber of the community for just about 50 years,”he told The Southern Gazette.
He added that he was shocked, “It happened so quickly and abruptly.”
Gordon Dunphy, vice president of senior men’s soccer with the Newfoundland and Labrador Soccer Association, said, “I think the sudden loss of CHCM may result in being devastating to soccer in general in Newfoundland and Labrador especially to the Burin Peninsula.”
CHCM offered live broadcasting of the NLSA Provincial and the CSA National Challenge Cup.
Dunphy said he hopes to speak with officials at VOCM to discuss their plans for the 2016 National Challenge Cup Jubilee Trophy Championship.
The station also sponsored the local Happy Tree, Garnish- Frenchmen’s Cove Road Race, and broadcast the Kin and Friends Radiothon.
Kevin Glavin, president of the local Kinsmen Club, said they are disappointed to see the station close.
“We have enjoyed a long and productive relationship with CHCM, especially as it relates to our annual Radiothon.”
He added the station also played a role in helping organize the club's annual Santa Claus Parade.
“It will be missed,” he said.
The Gazette was unsuccessful in attempts to contact Mike Murphy, general manager for Steele Communications, for comment.