Deerhunter rarely take any time of between new releases, so it's not that surprising that the band already has a new EP coming down the pike a few months after their excellent Microcastle hit shelves. The EP is titled Rainwater Cassette Exchange, and the title track is above. The song evokes a misty, floating milieu, and is more in tune with pop-oriented material the band has been focused on as of late. 

Rainwater Cassette Exchange is due out on May 18 digitally, and June 8 on CD and vinyl. Here's the track list:

01. Rainwater Cassette Exchange
02. Disappearing Ink
03. Famous Last Words
04. Game of Diamonds
05. Circulation