diff --git a/CHANGELOG.md b/CHANGELOG.md
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--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,6 @@
+# 0.5.3
+
+Initial release as a new package. The implementation is based on `hasql-pool` v0.5.2.2
+and continues using `resource-pool` v0.2.x
+(actually, a [fork with important performance and stats changes applied](https://github.com/bos/pool/pull/43)).
+The long-term plan is to make a switch to a [newer v0.3.x maintained by scrive](https://github.com/bos/pool/pull/43).
diff --git a/LICENSE b/LICENSE
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--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,22 @@
+Copyright (c) 2015, Nikita Volkov
+
+Permission is hereby granted, free of charge, to any person
+obtaining a copy of this software and associated documentation
+files (the "Software"), to deal in the Software without
+restriction, including without limitation the rights to use,
+copy, modify, merge, publish, distribute, sublicense, and/or sell
+copies of the Software, and to permit persons to whom the
+Software is furnished to do so, subject to the following
+conditions:
+
+The above copyright notice and this permission notice shall be
+included in all copies or substantial portions of the Software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND,
+EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES
+OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND
+NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT
+HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY,
+WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING
+FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR
+OTHER DEALINGS IN THE SOFTWARE.
diff --git a/README.md b/README.md
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--- /dev/null
+++ b/README.md
@@ -0,0 +1,16 @@
+hasql-resource-pool
+===================
+
+This is a fork of [hasql-pool](https://github.com/nikita-volkov/hasql-pool) that
+continues using [resource-pool](https://hackage.haskell.org/package/resource-pool) for
+the underlying pool implementation.
+
+The fork is based on [0.5.2.2 release](https://hackage.haskell.org/package/hasql-pool)
+(as the latest original implementation based on `resource-pool`), and it includes the following API and layout changes:
+
+* Connections are based on settings with IO actions.
+  This change to the API makes the library usable with the custom authentication methods
+  such as [AWS RDS IAM tokens](https://docs.aws.amazon.com/AmazonRDS/latest/UserGuide/UsingWithRDS.IAMDBAuth.html).
+* Pool interface allows for specifying IO observer actions. These actions are useful for collecting and tracking various pool metrics
+  with tools like [Prometheus](https://prometheus.io/docs/introduction/overview/).
+* No reliance on Stack tooling.
diff --git a/hasql-resource-pool.cabal b/hasql-resource-pool.cabal
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--- /dev/null
+++ b/hasql-resource-pool.cabal
@@ -0,0 +1,80 @@
+name:
+  hasql-resource-pool
+version:
+  0.5.3.0
+category:
+  Hasql, Database, PostgreSQL
+synopsis:
+  A pool of connections for Hasql based on resource-pool.
+description:
+  This package is derived from hasql-pool v0.5.2.2 and continues using resource-pool for an underlying pool implementation.
+homepage:
+  https://github.com/avanov/hasql-resource-pool
+bug-reports:
+  https://github.com/avanov/hasql-resource-pool/issues
+author:
+  Nikita Volkov <nikita.y.volkov@mail.ru>
+maintainer:
+  Maxim Avanov <maxim.avanov@gmail.com>
+copyright:
+  (c) 2022, Maxim Avanov
+license:
+  MIT
+license-file:
+  LICENSE
+build-type:
+  Simple
+cabal-version:
+  >=1.10
+extra-source-files:
+  CHANGELOG.md
+  README.md
+
+source-repository head
+  type:
+    git
+  location:
+    git://github.com/avanov/hasql-resource-pool.git
+
+
+library
+  hs-source-dirs:
+    library
+  ghc-options:
+  default-extensions:
+    Arrows, BangPatterns, ConstraintKinds, DataKinds, DefaultSignatures, DeriveDataTypeable, DeriveFoldable, DeriveFunctor, DeriveGeneric, DeriveTraversable, EmptyDataDecls, FlexibleContexts, FlexibleInstances, FunctionalDependencies, GADTs, GeneralizedNewtypeDeriving, LambdaCase, LiberalTypeSynonyms, MagicHash, MultiParamTypeClasses, MultiWayIf, NoImplicitPrelude, NoMonomorphismRestriction, OverloadedStrings, PatternGuards, ParallelListComp, QuasiQuotes, RankNTypes, RecordWildCards, ScopedTypeVariables, StandaloneDeriving, TemplateHaskell, TupleSections, TypeFamilies, TypeOperators, UnboxedTuples
+  default-language:
+    Haskell2010
+  other-modules:
+    Hasql.Pool.Observer
+    Hasql.Pool.Prelude
+    Hasql.Pool.ResourcePool
+  exposed-modules:
+    Hasql.Pool
+  build-depends:
+    -- resources:
+    resource-pool-fork-avanov,
+    -- database:
+    hasql >= 1.3 && < 1.6,
+    -- data:
+    time  >= 1.5 && < 2,
+    clock >= 0.8,
+    -- general:
+    base-prelude >= 1 && < 2
+
+test-suite test
+  type:
+    exitcode-stdio-1.0
+  hs-source-dirs:
+    test
+  main-is:
+    Main.hs
+  default-extensions:
+    Arrows, BangPatterns, ConstraintKinds, DataKinds, DefaultSignatures, DeriveDataTypeable, DeriveFoldable, DeriveFunctor, DeriveGeneric, DeriveTraversable, EmptyDataDecls, FlexibleContexts, FlexibleInstances, FunctionalDependencies, GADTs, GeneralizedNewtypeDeriving, LambdaCase, LiberalTypeSynonyms, MagicHash, MultiParamTypeClasses, MultiWayIf, NoImplicitPrelude, NoMonomorphismRestriction, OverloadedStrings, PatternGuards, ParallelListComp, QuasiQuotes, RankNTypes, RecordWildCards, ScopedTypeVariables, StandaloneDeriving, TemplateHaskell, TupleSections, TypeFamilies, TypeOperators, UnboxedTuples
+  default-language:
+    Haskell2010
+  build-depends:
+    base-prelude,
+    hasql,
+    hasql-pool,
+    hspec >= 2.6 && < 3
diff --git a/library/Hasql/Pool.hs b/library/Hasql/Pool.hs
new file mode 100644
--- /dev/null
+++ b/library/Hasql/Pool.hs
@@ -0,0 +1,123 @@
+module Hasql.Pool
+(   Pool
+,   Settings(..)
+,   UsageError(..)
+,   acquire
+,   acquireWithStripes
+,   release
+,   use
+,   useWithObserver
+,   getPoolUsageStat
+)
+where
+
+import qualified Data.Pool as ResourcePool
+import           System.Clock (Clock(Monotonic), diffTimeSpec, getTime, toNanoSecs)
+
+import           Hasql.Pool.Prelude
+import qualified Hasql.Connection
+import qualified Hasql.Session
+import qualified Hasql.Pool.ResourcePool as ResourcePool
+import           Hasql.Pool.Observer (Observed(..), ObserverAction)
+
+
+-- |
+-- A pool of connections to DB.
+newtype Pool =
+    Pool (ResourcePool.Pool (Either Hasql.Connection.ConnectionError Hasql.Connection.Connection))
+    deriving (Show)
+
+
+type PoolSize         = Int
+type PoolStripes      = Int
+type ResidenceTimeout = NominalDiffTime
+
+-- |
+-- Settings of the connection pool. Consist of:
+--
+-- * Pool-size.
+--
+-- * Timeout.
+-- An amount of time for which an unused resource is kept open.
+-- The smallest acceptable value is 0.5 seconds.
+--
+-- * Connection settings.
+--
+type Settings =
+  (PoolSize, ResidenceTimeout, Hasql.Connection.Settings)
+
+-- |
+-- Given the pool-size, timeout and connection settings
+-- create a connection-pool.
+acquire :: Settings -> IO Pool
+acquire =
+    acquireWithStripes stripes
+    where
+        stripes = 1
+
+
+acquireWithStripes :: PoolStripes
+                   -> Settings
+                   -> IO Pool
+acquireWithStripes stripes (size, timeout, connectionSettings) =
+    fmap Pool $
+        ResourcePool.createPool acquire release stripes timeout size
+    where
+        acquire = Hasql.Connection.acquire connectionSettings
+        release = either (const (pure ())) Hasql.Connection.release
+
+
+-- |
+-- Release the connection-pool.
+release :: Pool -> IO ()
+release (Pool pool) =
+    ResourcePool.destroyAllResources pool
+
+
+-- |
+-- A union over the connection establishment error and the session error.
+data UsageError
+    =   ConnectionError Hasql.Connection.ConnectionError
+    |   SessionError    Hasql.Session.QueryError
+    deriving (Show, Eq)
+
+-- |
+-- Use a connection from the pool to run a session and
+-- return the connection to the pool, when finished.
+use :: Pool -> Hasql.Session.Session a -> IO (Either UsageError a)
+use = useWithObserver Nothing
+
+-- |
+-- Same as 'use' but allows for a custom observer action. You can use it for gathering latency metrics.
+useWithObserver :: Maybe ObserverAction
+                -> Pool
+                -> Hasql.Session.Session a
+                -> IO (Either UsageError a)
+useWithObserver observer (Pool pool) session =
+    fmap (either (Left . ConnectionError) (either (Left . SessionError) Right)) $
+    ResourcePool.withResourceOnEither pool $
+    traverse runQuery
+    where
+        runQuery dbConn = maybe action (runWithObserver action) observer
+            where
+                action = Hasql.Session.run session dbConn
+
+        runWithObserver action doObserve = do
+            let measure = getTime Monotonic
+            start  <- measure
+            result <- action
+            end    <- measure
+            let nsRatio  = 1000000000
+                observed = Observed {   latency = toRational (toNanoSecs (end `diffTimeSpec` start) % nsRatio)
+                                    }
+            doObserve observed >> pure result
+
+
+getPoolStats :: Pool -> IO ResourcePool.Stats
+getPoolStats (Pool p) = ResourcePool.stats p performStatsReset where
+    performStatsReset = False
+
+
+getPoolUsageStat :: Pool -> IO PoolSize
+getPoolUsageStat pool = getPoolStats pool >>= gather where
+    gather = pure . ResourcePool.currentUsage . ResourcePool.poolStats
diff --git a/library/Hasql/Pool/Observer.hs b/library/Hasql/Pool/Observer.hs
new file mode 100644
--- /dev/null
+++ b/library/Hasql/Pool/Observer.hs
@@ -0,0 +1,17 @@
+module Hasql.Pool.Observer
+(   Observed(..)
+,   ObserverAction
+)
+where
+
+import Hasql.Pool.Prelude
+
+
+-- | Represents properties of an observed IO action associated with a pool item
+newtype Observed = Observed
+    {   latency :: Rational
+    } deriving (Show)
+
+
+type ObserverAction = Observed -> IO ()
+
diff --git a/library/Hasql/Pool/Prelude.hs b/library/Hasql/Pool/Prelude.hs
new file mode 100644
--- /dev/null
+++ b/library/Hasql/Pool/Prelude.hs
@@ -0,0 +1,14 @@
+module Hasql.Pool.Prelude
+( 
+  module Exports,
+)
+where
+
+
+-- base-prelude
+-------------------------
+import BasePrelude as Exports hiding (assert, left, right, isLeft, isRight, error)
+
+-- time
+-------------------------
+import Data.Time as Exports
diff --git a/library/Hasql/Pool/ResourcePool.hs b/library/Hasql/Pool/ResourcePool.hs
new file mode 100644
--- /dev/null
+++ b/library/Hasql/Pool/ResourcePool.hs
@@ -0,0 +1,21 @@
+{-|
+Extras for the resource-pool library.
+-}
+module Hasql.Pool.ResourcePool
+where
+
+import Hasql.Pool.Prelude
+import Data.Pool
+
+
+withResourceOnEither :: Pool resource -> (resource -> IO (Either failure success)) -> IO (Either failure success)
+withResourceOnEither pool act = mask_ $ do
+    (resource, localPool) <- takeResource pool
+    failureOrSuccess      <- act resource `onException` destroyResource pool localPool resource
+    case failureOrSuccess of
+        Right success -> do
+            putResource localPool resource
+            return (Right success)
+        Left failure -> do
+            destroyResource pool localPool resource
+            return (Left failure)
diff --git a/test/Main.hs b/test/Main.hs
new file mode 100644
--- /dev/null
+++ b/test/Main.hs
@@ -0,0 +1,29 @@
+module Main where
+
+import BasePrelude
+import Test.Hspec
+import Hasql.Pool
+import qualified Hasql.Connection as Connection
+import qualified Hasql.Decoders as Decoders
+import qualified Hasql.Encoders as Encoders
+import qualified Hasql.Session as Session
+import qualified Hasql.Statement as Statement
+
+
+main = hspec $ do
+  describe "Hasql.Pool.use" $ do
+    it "releases a spot in the pool when there is an error" $ do
+      pool <- acquire (1, 1, "host=localhost port=5432 user=postgres dbname=postgres")
+      let
+        statement = Statement.Statement "" Encoders.noParams Decoders.noResult True
+        session = Session.statement () statement
+        in do
+          use pool session `shouldNotReturn` (Right ())
+      let
+        session = let
+          statement = let
+            decoder = Decoders.singleRow (Decoders.column (Decoders.nonNullable Decoders.int8))
+            in Statement.Statement "SELECT 1" Encoders.noParams decoder True
+          in Session.statement () statement
+        in do
+          use pool session `shouldReturn` (Right 1)
