diff --git a/CHANGELOG.md b/CHANGELOG.md
index 73ce04dc..855221a6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # ChangeLog
 
-## 3.0.11 - DEVELOPMENT (will be released as stable/3.0.12)
+## 3.0.12 - Nov 10, 2024
 
 Bugs:
 
diff --git a/cement/core/backend.py b/cement/core/backend.py
index 832110f2..cf4dfadf 100644
--- a/cement/core/backend.py
+++ b/cement/core/backend.py
@@ -1,3 +1,3 @@
 """Cement core backend module."""
 
-VERSION = (3, 0, 11, 'final', 0)  # pragma: nocover
+VERSION = (3, 0, 12, 'final', 0)  # pragma: nocover
diff --git a/pdm.lock b/pdm.lock
index 5bff9c53..40259a27 100644
--- a/pdm.lock
+++ b/pdm.lock
@@ -4,11 +4,8 @@
 [metadata]
 groups = ["default", "alarm", "argparse", "cli", "colorlog", "configparser", "daemon", "dev", "docs", "dummy", "generate", "jinja2", "json", "logging", "memcached", "mustache", "plugin", "print", "redis", "scrub", "smtp", "tabulate", "watchdog", "yaml"]
 strategy = ["cross_platform", "inherit_metadata"]
-lock_version = "4.5.0"
-content_hash = "sha256:7837e4994dfec4e6dc58ed6160458ce67c146f206cca44eceef966cae3293b18"
-
-[[metadata.targets]]
-requires_python = ">=3.8"
+lock_version = "4.4.1"
+content_hash = "sha256:93bbcbfd6b1a08c9a37b42a42d1300b6f9ede3eb6e643a085a8152fb81a60d88"
 
 [[package]]
 name = "alabaster"
@@ -28,9 +25,6 @@ requires_python = ">=3.7"
 summary = "Timeout context manager for asyncio programs"
 groups = ["redis"]
 marker = "python_full_version < \"3.11.3\""
-dependencies = [
-    "typing-extensions>=3.6.5; python_version < \"3.8\"",
-]
 files = [
     {file = "async-timeout-4.0.3.tar.gz", hash = "sha256:4640d96be84d82d02ed59ea2b7105a0f7b33abe8703703cd0ab0bf87c427522f"},
     {file = "async_timeout-4.0.3-py3-none-any.whl", hash = "sha256:7405140ff1230c310e51dc27b3145b9092d659ce68ff733fb0cefe3ee42be028"},
@@ -405,7 +399,6 @@ summary = "Read metadata from Python packages"
 groups = ["docs", "mustache"]
 marker = "python_version < \"3.10\""
 dependencies = [
-    "typing-extensions>=3.6.4; python_version < \"3.8\"",
     "zipp>=0.5",
 ]
 files = [
diff --git a/tests/core/test_backend.py b/tests/core/test_backend.py
index fa2e293a..1c9e102b 100644
--- a/tests/core/test_backend.py
+++ b/tests/core/test_backend.py
@@ -6,6 +6,6 @@ def test_version():
     # ensure that we bump things properly on version changes
     assert backend.VERSION[0] == 3
     assert backend.VERSION[1] == 0
-    assert backend.VERSION[2] == 11
+    assert backend.VERSION[2] == 12
     assert backend.VERSION[3] == 'final'
     assert backend.VERSION[4] == 0