diff --git a/CHANGELOG.md b/CHANGELOG.md
index 20bfc50b..8324b874 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## v1.0.16 (TBA)
+## v1.0.16 (2020-01-07)
 
 **Note:** This release contains an important security fix.
 
diff --git a/README.md b/README.md
index 1c80a738..7e925091 100644
--- a/README.md
+++ b/README.md
@@ -25,7 +25,7 @@ Add Pow to your list of dependencies in `mix.exs`:
 defp deps do
   [
     # ...
-    {:pow, "~> 1.0.15"}
+    {:pow, "~> 1.0.16"}
   ]
 end
 ```
diff --git a/mix.exs b/mix.exs
index 64ce7971..e41007f5 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule Pow.MixProject do
   use Mix.Project
 
-  @version "1.0.15"
+  @version "1.0.16"
 
   def project do
     [