Can-60 Income Corp filed a Notice of Intention and received approval from the Toronto Stock Exchange to commence a normal course issuer bid on November 22, 2012. Under the bid, the company will repurchase up to 2,128,415 non-voting equity shares, representing 10% of the public float and issued and outstanding shares. All purchases will be made through the facilities of the TSX in accordance with its rules and policies.

The corporation will not purchase in any given 30-day period, in the aggregate, more than 425,683 Shares, being 2% of the issued and outstanding shares as of the close of November 14, 2012. 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 shares purchased by the corporation pursuant to the bid will be cancelled.

The repurchases of shares under the bid may commence on November 26, 2012 and will expire on November 25, 2013. As of November 14, 2012, the company has 21,284,151 Shares as public float and issued and outstanding.