diff --git a/CHANGELOG.md b/CHANGELOG.md
index 496c7222..ccbe1c46 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,11 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.0.7 (2020-07-31)
+
+This prerelease comes with a breaking change, the 
+CRDs group has been renamed to `source.toolkit.fluxcd.io`.
+
 ## 0.0.6 (2020-07-20)
 
 This prerelease drops support for Kubernetes <1.16.
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 8db61e7a..e71357b3 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -6,4 +6,4 @@ resources:
 images:
 - name: fluxcd/source-controller
   newName: fluxcd/source-controller
-  newTag: v0.0.6
+  newTag: v0.0.7