diff --git a/.version b/.version
index ad55eb85..b105cea1 100644
--- a/.version
+++ b/.version
@@ -1 +1 @@
-v3.0.0
+v3.0.1
diff --git a/internal/app/main.go b/internal/app/main.go
index 14b277a8..c3e954f5 100644
--- a/internal/app/main.go
+++ b/internal/app/main.go
@@ -6,7 +6,7 @@ import (
 
 const (
 	helmBin            = "helm"
-	appVersion         = "v3.0.0"
+	appVersion         = "v3.0.1"
 	tempFilesDir       = ".helmsman-tmp"
 	defaultContextName = "default"
 )
diff --git a/release-notes.md b/release-notes.md
index 4d921a59..67436652 100644
--- a/release-notes.md
+++ b/release-notes.md
@@ -1,20 +1,14 @@
-# v3.0.0
+# v3.0.1
 
-This is a major release to support Helm v3.
+This is a bugfix release to support Helm v3.
 It is recommended you read the [Helm 3 migration guide](https://helm.sh/docs/topics/v2_v3_migration/) before using this release.
 
 > Starting from Helmsman v3.0.0 GA release, support for Helmsman v1.x will be limited to bug fixes.
 
-The following are the most important changes:
-- A new and improved logger.
-- Restructuring the code.
-- Parallelized decision making.
-- Introducing the `context` stanza to define a context for each DSF. More details [here](docs/misc/merge_desired_state_files).
-- Deprecating all the DSF stanzas related to Tiller.
-- Deprecating the `purge` option for releases.
-- The default value for `storageBackend` is now `secret`.
-- The `stable` and `incubator` repos are no longer added by default and the `--no-default-repos` flag is deprecated.
-- The `--suppress-diff-secrets` is deprecated. Diff secrets are suppressed by default.
-- The `--no-env-values-subst` cmd flag is deprecated. Env vars substitution in values files is disabled by default. `--subst-env-values` is introduced to enable it when needed. 
-- The `--no-ssm-values-subst` cmd flag is deprecated. SSM vars substitution in values files is disabled by default. `--subst-ssm-values` is introduced to enable it when needed.
+# Fixes and improvements:
+- Fix overlocking issue when looking for untracked releases; PR #378
+- Do not use --all-namespaces to find helm releases; PR #379
+- Remove --purge from reInstall function; PR #381
 
+# New features:
+None, bug fix release