Liam Gallagher and John Squire have announced the release date of the first single from their long-awaited collaboration.

Titled “Just Another Rainbow,” the single will be out Jan 5.

The former Oasis frontman and former Stone Roses guitarist were rumored to be forming a supergroup, but the album is being released under their joint names.

The name, tracklisting and personnel for the album will be revealed soon.

Meanwhile, a press release for the single promises: “…there will be much more new music to come – and there could well be shows, too.”

In the press release Gallagher says of Squire: “Everyone always bangs on about him as a guitarist, but he’s a top songwriter too, man, no two ways about it as far as I’m concerned,” he said. “There’s not enough of his music out there, whether it’s with the Roses or himself. It’s good to see him back writing songs and fucking good ones. The melodies are mega and then the guitars are a given. But I think even when you take all the fucking guitars off, you can play the songs all on acoustic and they’ll all still blow your mind.”

In recent weeks, Gallagher confirmed the longtime friends have recorded together and on Dec 18, Gallagher posted the link to gallaghersquire.com in his Instagram bio. The initial landing page features Gallagher and Squire prominently at the top along with the option to sign up for a mailing list.