diff --git a/META b/META
index dd8c409a87..8f412eae15 100644
--- a/META
+++ b/META
@@ -1,8 +1,8 @@
 Meta:         1
 Name:         spl
 Branch:       1.0
-Version:      0.6.5
-Release:      1
+Version:      0.7.0
+Release:      rc1
 Release-Tags: relext
 License:      GPL
 Author:       OpenZFS on Linux