Can-60 Income Corp announces an Equity Buyback for 1,747,834 non-voting equity shares, representing 10% of the public float and issued and outstanding shares.

Can-60 Income Corp announces a share repurchase program. Under the bid, the company will repurchase up to 1,747,834 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 349,566 shares, being 2% of the issued and outstanding shares as of the close of November 15, 2013. 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 company has received approval from Toronto Stock Exchange for the buyback plan. The repurchases of shares under the bid will commence on November 26, 2013 and will expire on November 25, 2014. As of November 15, 2013, the company has 17,478,347 shares as public float and issued and outstanding.