diff --git a/.gitignore b/.gitignore
index fd060b2..c487076 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1,2 +1,3 @@
 /1.0.4.tar.gz
 /1.1.0.tar.gz
+/1.2.1.tar.gz
diff --git a/python-tomli.spec b/python-tomli.spec
index 14780a9..5417d14 100644
--- a/python-tomli.spec
+++ b/python-tomli.spec
@@ -1,5 +1,5 @@
 Name:           python-tomli
-Version:        1.1.0
+Version:        1.2.1
 Release:        1%{?dist}
 Summary:        A little TOML parser for Python
 
@@ -55,6 +55,10 @@ Summary:        %{summary}
 
 
 %changelog
+* Wed Aug 18 2021 Petr Viktorin <pviktori@redhat.com> - 1.2.1-1
+- Update to version 1.2.1
+  - loading text (as opposed to binary) files is deprecated
+
 * Thu Jul 29 2021 Petr Viktorin <pviktori@redhat.com> - 1.1.0-1
 - Update to version 1.1.0
   - `load` can now take a binary file object
diff --git a/sources b/sources
index 6e26a45..d37f2ad 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (1.1.0.tar.gz) = bd452d7a2ded403f3028ef66eb3dfa710f638e40a5737a23572538c1e3f6c6e17f74be4a41fa1b62b117e6d16f123a7f34eae9f221725fbd94eb7c8a5821838c
+SHA512 (1.2.1.tar.gz) = 34f9529b137331b0ae03ac99170b3f6509847356594be14166bae306ea4fbbddff808ffe0c48d05434f72d223a2f35b511675217053029d287725b7142fbd089