Prior Periods Financial Restatements (Tables)

6 Months Ended

Jun. 30, 2016

Accounting Changes and Error Corrections [Abstract]

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

Impact as at June 30, 2015:

	June 30, 2015
	As Previously Reported		As Restated
Liabilities:
Deferred tax liability	$	-	$	12,922,000
Total liabilities	$	59,791,117	$	72,713,117
Shareholders’ Equity:
Additional paid-in capital	$	56,390,510	$	43,468,510
Total shareholders’ equity attributable to GQM Ltd.	$	41,990,686	$	29,068,686
Total shareholders’ equity	$	83,141,709	$	70,219,709