diff --git a/srcpkgs/lzip/template b/srcpkgs/lzip/template
index ceb8d6a3719..36c4cc50172 100644
--- a/srcpkgs/lzip/template
+++ b/srcpkgs/lzip/template
@@ -1,14 +1,14 @@
 # Template file for 'lzip'
 pkgname=lzip
-version=1.17
+version=1.18
 revision=1
 build_style=gnu-configure
-short_desc="Losless data compressor based on the LZMA algorithm"
+short_desc="Lossless data compressor based on the LZMA algorithm"
 maintainer="Juan RP <xtraeme@voidlinux.eu>"
-license="GPL-3"
+license="GPL-2"
 homepage="http://www.nongnu.org/lzip/lzip.html"
 distfiles="http://download.savannah.gnu.org/releases/lzip/lzip-${version}.tar.gz"
-checksum=9443855e0a33131233b22cdb6c62c9313a483f16cc7415efe88d4a494cea0352
+checksum=47f9882a104ab05532f467a7b8f4ddbb898fa2f1e8d9d468556d6c2d04db14dd
 
 do_configure() {
 	./configure --prefix=/usr CXX="$CXX" CXXFLAGS="$CXXFLAGS" LDFLAGS="$LDFLAGS"