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

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 2,562,470
non-voting 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 25,624,700 Shares as of the
close of November 17, 2011. The Corporation will not purchase in any given
30-day period, in the aggregate, more than 512,494 Shares, being 2% of the
issued and outstanding Shares as of the close of November 17, 2011. Purchases of
Shares under the NCIB may commence on November 25, 2011. 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 be cancelled. The
NCIB will expire on November 24, 2012.  


On November 23, 2010, the Fund announced that it was making a Normal Course
Issuer Bid, which commenced November 25, 2010, to purchase up to 2,595,000
Shares through the facilities of the TSX. Under the bid, which expires on
November 24, 2011, an aggregate of 325,300 Shares were repurchased at an average
price of $9.33 per Share excluding commissions.