Can-60 Income Corp. Announces Normal Course Issuer Bid For Units

Can-60 Income Corp. (the "Corporation") (TSX:CSY) announced today acceptance by
the Toronto Stock Exchange (the "TSX") of the Corporation's Notice of Intention
to make a Normal Course Issuer Bid (the "NCIB").


Pursuant to the NCIB, the Fund proposes to purchase through the facilities of
the TSX, from time to time, if it is considered advisable, up to 2,595,000
equity shares ("Shares")of the Corporation, representing approximately 10% of
the public float which is the same number as the Corporation's issued and
outstanding Shares, being 25,950,000 Shares as of the date hereof. The
Corporation will not purchase in any given 30-day period, in the aggregate, more
than 519,000 Shares, being 2% of the issued and outstanding Shares as of the
date hereof. Purchases of Shares under the NCIB may commence on November 25,
2010. The Board of Directors of First Asset Investment Management Inc., the
manager of the Corporation, believes that such purchases are in the best
interests of the Corporation and are a desirable use of the Corporation's funds.
All purchases will be made through the facilities of the TSX in accordance with
its rules and policies. All Shares purchased by the Corporation pursuant to the
NCIB will not be cancelled and will be held for resale. The NCIB will expire on
November 24, 2011.