Mineral exploration company, Orocobre Ltd (ORE) ended flat on its debut on Tuesday after opening at a 12% premium to its issue price of 25 cents.
The company raised $6.25 million at its initial public offering.
The Queensland-based business has operations in Argentina and is assembling a portfolio including two major target exploration projects.
Olaroz Lithium Project is the most advanced project, with licenses over a 7,600 hectares of a salt lake known to contain high grade solutions of lithium.
"We have an aggressive exploration programme for the next year and we are looking forward to producing results," managing director Richard Seville said in a statement to the stock exchange.
Seville is also the largest shareholder in the firm, with a holding of 4.68%.
The Argentinean projects are the lithium salar (salt lake) and three prospective copper/gold silver projects.
In addition, the company has an exploration licence application in Laos.
Shares in Orocobre remained flat at 25 cents.
