diff --git a/CHANGELOG.md b/CHANGELOG.md
index 063033f14..624b71ad7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,23 @@
 # Changelog
 
+## [v0.7.0.1](https://github.com/emmo-repo/EMMOntoPy/tree/v0.7.0.1) (2024-02-29)
+
+[Full Changelog](https://github.com/emmo-repo/EMMOntoPy/compare/v0.7.1...v0.7.0.1)
+
+## [v0.7.1](https://github.com/emmo-repo/EMMOntoPy/tree/v0.7.1) (2024-02-29)
+
+[Full Changelog](https://github.com/emmo-repo/EMMOntoPy/compare/v0.7.0...v0.7.1)
+
+**Closed issues:**
+
+- Implement ontoconvert --base-iri argument [\#716](https://github.com/emmo-repo/EMMOntoPy/issues/716)
+
+**Merged pull requests:**
+
+- Added `yield from` [\#720](https://github.com/emmo-repo/EMMOntoPy/pull/720) ([jesper-friis](https://github.com/jesper-friis))
+- Correct saving squashed ontology [\#719](https://github.com/emmo-repo/EMMOntoPy/pull/719) ([jesper-friis](https://github.com/jesper-friis))
+- Updated ontoconvert help [\#715](https://github.com/emmo-repo/EMMOntoPy/pull/715) ([jesper-friis](https://github.com/jesper-friis))
+
 ## [v0.7.0](https://github.com/emmo-repo/EMMOntoPy/tree/v0.7.0) (2024-01-26)
 
 [Full Changelog](https://github.com/emmo-repo/EMMOntoPy/compare/v0.6.3...v0.7.0)
diff --git a/ontopy/__init__.py b/ontopy/__init__.py
index 19d64bffe..4859f913b 100644
--- a/ontopy/__init__.py
+++ b/ontopy/__init__.py
@@ -2,7 +2,7 @@
 # pylint: disable=wrong-import-position,wrong-import-order
 import sys
 
-__version__ = "0.7.0"
+__version__ = "0.7.1"
 
 # Ensure correct Python version
 if sys.version_info < (3, 7):