The online rumour mill is churning up news of a huge 2-day music festival to be staged on the Toronto Islands in September.

Posts on the indie message board Stillepost.ca have suggested that the festival, possibly called V FEST, will take place on September 9-10.

The rumoured lineup includes The Raconteurs, The Flaming Lips, Gnarls Barkley, Zero 7, and Clap Your Hands Say Yeah.

The Flaming Lips website even listed a tour stop at the Toronto Islands for September 9, but it was quickly taken down.

An official announcement is expected on June 30. No other details have been released.

Olympic Island, one of the islands located just a short boat ride away from downtown Toronto, has played host to single-day music festivals for the past three summers. Last weekend, Bloc Party and Broken Social Scene headlined a full day event that also included performances by J. Mascis and Feist.






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