diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index 7bffbbc..e87e6f2 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -9,7 +9,7 @@ export = ["observe", "observe.mockextension" ]
 graalvmCompatible = true
 
 [[platform.java17.dependency]]
-path = "../native/build/libs/observe-native-1.3.0-SNAPSHOT.jar"
+path = "../native/build/libs/observe-native-1.3.0.jar"
 groupId = "ballerina"
 artifactId = "observe"
 
diff --git a/gradle.properties b/gradle.properties
index b23e318..7d94bff 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -14,7 +14,7 @@
 
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=1.3.0-SNAPSHOT
+version=1.3.1-SNAPSHOT
 ballerinaLangVersion=2201.10.0
 githubSpotbugsVersion=5.0.14
 githubJohnrengelmanShadowVersion=8.1.1