diff --git a/CHANGELOG.md b/CHANGELOG.md
index b5763d5aa..27d720595 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,9 +1,6 @@
 # Changelog
 
-## 1.2.0-rc1
-* Added `:monotonic_time` field to telemetry meta data
-
-## 1.2.0-rc0
+## 1.2.0
  * Add `:max_instances` option for dynamic pads. [#876](https://github.com/membraneframework/membrane_core/pull/876)
  * Implement `Membrane.Connector`. [#904](https://github.com/membraneframework/membrane_core/pull/904)
  * Implememnt diamonds detection. [#909](https://github.com/membraneframework/membrane_core/pull/909)
diff --git a/README.md b/README.md
index d61ef8cd3..593f084bc 100644
--- a/README.md
+++ b/README.md
@@ -90,11 +90,7 @@ Apart from plugins, Membrane has stream formats, which live in `membrane_X_forma
 The API for creating pipelines (and custom elements too) is provided by [membrane_core](https://github.com/membraneframework/membrane_core). To install it, add the following line to your `deps` in `mix.exs` and run `mix deps.get`
 
 ```elixir
-{:membrane_core, "~> 1.1"}
-```
-or to get the newest release candidate
-```elixir 
-{:membrane_core, "1.2.0-rc1"}
+{:membrane_core, "~> 1.2"}
 ```
 
 **Standalone libraries**
diff --git a/mix.exs b/mix.exs
index a721df123..398e44e8a 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule Membrane.Mixfile do
   use Mix.Project
 
-  @version "1.2.0-rc1"
+  @version "1.2.0"
   @source_ref "v#{@version}"
 
   def project do