Prior Periods Financial Restatements (Tables)

9 Months Ended

Sep. 30, 2016

Accounting Changes and Error Corrections [Abstract]

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

Impact as at September 30, 2015:

	September, 2015
	As Previously Reported		As Restated
Liabilities:
Deferred tax liability	$	-	$	12,922,000
Total liabilities	$	57,891,299	$	70,813,299
Shareholders’ Equity:
Additional paid-in capital	$	56,545,713	$	43,623,713
Total shareholders’ equity attributable to GQM Ltd.	$	40,221,722	$	27,299,722
Total shareholders’ equity	$	81,205,389	$	68,283,389