diff --git a/CHANGELOG.md b/CHANGELOG.md
index f429c71..af33a7d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,22 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.5.0] - 2022-11-09
+
+### Added
+- DB navigation tree to show all databases in the same account
+- DB navigation tree to show additional schema level objects:
+    * Materialised views
+    * File Formats
+    * Functions
+    * Materialized Views
+    * Pipes
+    * Procedures
+    * Sequences
+    * Stages
+    * Streams
+    * Tasks
+
 ## [0.4.2] - 2021-03-21
 
 ### Added
diff --git a/package.json b/package.json
index 09416ee..d786bf6 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "snowflake-driver-for-sqltools",
   "displayName": "Snowflake Driver for SQLTools",
   "description": "SQLTools Snowflake driver",
-  "version": "0.4.2",
+  "version": "0.5.0",
   "engines": {
     "vscode": "^1.42.0"
   },