diff --git a/.tool-versions b/.tool-versions
index ce0360e0..307762be 100644
--- a/.tool-versions
+++ b/.tool-versions
@@ -1,2 +1,2 @@
 erlang 27.0.1
-elixir 1.17.2-otp-27
+elixir 1.18.0-rc.0-otp-27
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 71434a9c..88bc29da 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,21 @@ See [Conventional Commits](https://www.conventionalcommits.org) for commit guide
 
 <!-- changelog -->
 
+## [v2.4.16](https://github.com/ash-project/ash_postgres/compare/v2.4.15...v2.4.16) (2024-12-12)
+
+
+
+
+### Bug Fixes:
+
+* properly support expr errors in bulk create
+
+* only build references for belongs_to relationships
+
+### Improvements:
+
+* add postgres_reference_expr callback (#438)
+
 ## [v2.4.15](https://github.com/ash-project/ash_postgres/compare/v2.4.14...v2.4.15) (2024-12-06)
 
 
diff --git a/mix.exs b/mix.exs
index 09a6a1b9..36f287c6 100644
--- a/mix.exs
+++ b/mix.exs
@@ -5,7 +5,7 @@ defmodule AshPostgres.MixProject do
   The PostgreSQL data layer for Ash Framework
   """
 
-  @version "2.4.15"
+  @version "2.4.16"
 
   def project do
     [