diff --git a/build.gradle b/build.gradle
index 2dcb625ed..85ba3625e 100644
--- a/build.gradle
+++ b/build.gradle
@@ -18,7 +18,7 @@ plugins {
 def ENV = System.getenv()
 
 class Globals {
-	static def baseVersion = "0.16.1"
+	static def baseVersion = "0.16.2"
 	static def mcVersion = "1.16.2-pre1"
 	static def yarnVersion = "+build.1"
 }
diff --git a/fabric-lifecycle-events-v1/build.gradle b/fabric-lifecycle-events-v1/build.gradle
index b4c013322..2b5a8b92d 100644
--- a/fabric-lifecycle-events-v1/build.gradle
+++ b/fabric-lifecycle-events-v1/build.gradle
@@ -1,5 +1,5 @@
 archivesBaseName = "fabric-lifecycle-events-v1"
-version = getSubprojectVersion(project, "1.1.0")
+version = getSubprojectVersion(project, "1.2.0")
 
 dependencies {
 	compile project(path: ':fabric-api-base', configuration: 'dev')