40-F Filing

GOLD RESERVE LTD CIK: 1072725 FY 2014

Filing Information

Form Type	40-F
Accession Number	`0001072725-15-000017`
Period End Date	20141231
Filing Date	20150424
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	gdrzf-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 18 Cash Flow Statement 86 Stockholders Equity 5

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$2.98M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$6.44M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$8.35M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$57.68M	USD	Point-in-time
Marketable securities (Notes 5 and 6)	`MarketableSecuritiesCurrent`	$175.54K	USD	Point-in-time
Marketable securities (Notes 5 and 6)	`MarketableSecuritiesCurrent`	$318.44K	USD	Point-in-time
Deposits, advances and other	`OtherAssetsCurrent`	$353.74K	USD	Point-in-time
Deposits, advances and other	`OtherAssetsCurrent`	$159.19K	USD	Point-in-time
Issued and outstanding	`CommonStockSharesOutstanding`	76.08M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.45M	USD	Point-in-time
Issued and outstanding	`CommonStockSharesOutstanding`	75.52M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.97M	USD	Point-in-time
Property, plant and equipment, net (Note 7)	`PropertyPlantAndEquipmentNet`	$19.30M	USD	Point-in-time
Property, plant and equipment, net (Note 7)	`PropertyPlantAndEquipmentNet`	$12.44M	USD	Point-in-time
Issued and outstanding	`IssuedAndOutstanding`	500,236.00	shares	Point-in-time
Total assets	`Assets`	$19.41M	USD	Point-in-time
Total assets	`Assets`	$22.76M	USD	Point-in-time
Issued and outstanding	`IssuedAndOutstanding`	100.00	shares	Point-in-time
Accounts payable and accrued expenses (Note 3)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.93M	USD	Point-in-time
Accounts payable and accrued expenses (Note 3)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$615.27K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$64.26K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.39K	USD	Point-in-time
Convertible notes and interest notes (Note 11)	`ConvertibleDebtCurrent`	$34.40M	USD	Point-in-time
Convertible notes and interest notes (Note 11)	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$679.53K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$38.33M	USD	Point-in-time
Convertible notes (Note 11)	`ConvertibleDebtNoncurrent`	$24.00M	USD	Point-in-time
Convertible notes (Note 11)	`ConvertibleDebtNoncurrent`	$1.04M	USD	Point-in-time
Other (Note 11)	`OtherLiabilitiesNoncurrent`	$1.01M	USD	Point-in-time
Other (Note 11)	`OtherLiabilitiesNoncurrent`	$1.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$25.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$40.39M	USD	Point-in-time
Common shares and equity units	`CommonStockValue`	$289.33M	USD	Point-in-time
Common shares and equity units	`CommonStockValue`	$289.15M	USD	Point-in-time
Contributed Surplus (Note 11)	`ContributedSurplus`	$11.68M	USD	Point-in-time
Contributed Surplus (Note 11)	`ContributedSurplus`	$5.17M	USD	Point-in-time
Warrants	`WarrantsNotSettleableInCashFairValueDisclosure`	$543.91K	USD	Point-in-time
Warrants	`WarrantsNotSettleableInCashFairValueDisclosure`	$543.91K	USD	Point-in-time
Stock options (Note 9)	`StockOptions`	$19.98M	USD	Point-in-time
Stock options (Note 9)	`StockOptions`	$19.85M	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$317.65M	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$342.53M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$17.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.57K	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-20.98M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-2.93M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$22.76M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$19.41M	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`ProfitLoss`	$-10.03M	USD	Annual
Net loss for the period	`ProfitLoss`	$-24.88M	USD	Annual
Net loss for the period	`ProfitLoss`	$-15.44M	USD	Annual
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-256.66K	USD	Annual
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-396.55K	USD	Annual
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-142.90K	USD	Annual
Realized (gain) loss included in net loss	`RealizedLossIncludedInNetLoss`	$-4.04K	USD	Annual
Realized (gain) loss included in net loss	`RealizedLossIncludedInNetLoss`	-	USD	Annual
Realized (gain) loss included in net loss	`RealizedLossIncludedInNetLoss`	$7.37K	USD	Annual
Impairment of marketable securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$-178.25K	USD	Annual
Impairment of marketable securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$-162.48K	USD	Annual
Impairment of marketable securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest`	$-433.97K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$169.94K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$19.58K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-214.26K	USD	Annual
Comprehensive loss for the period	`ComprehensiveLossForThePeriod`	$-24.86M	USD	Annual
Comprehensive loss for the period	`ComprehensiveLossForThePeriod`	$-9.86M	USD	Annual
Comprehensive loss for the period	`ComprehensiveLossForThePeriod`	$-15.65M	USD	Annual

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`ProfitLoss`	$-10.03M	USD	Annual
Net loss for the period	`ProfitLoss`	$-24.88M	USD	Annual
Net loss for the period	`ProfitLoss`	$-15.44M	USD	Annual
Stock option compensation	`StockOptionPlanExpense`	$2.68M	USD	Annual
Stock option compensation	`StockOptionPlanExpense`	$594.52K	USD	Annual
Stock option compensation	`StockOptionPlanExpense`	$207.53K	USD	Annual
Depreciation	`Depreciation`	$22.81K	USD	Annual
Depreciation	`Depreciation`	$15.78K	USD	Annual
Depreciation	`Depreciation`	$10.33K	USD	Annual
Loss (gain) on settlement of debt	`ExtinguishmentOfDebtGainLossNetOfTax`	$-8.09M	USD	Annual
Loss (gain) on settlement of debt	`ExtinguishmentOfDebtGainLossNetOfTax`	$161.29K	USD	Annual
Loss (gain) on settlement of debt	`ExtinguishmentOfDebtGainLossNetOfTax`	$-340.00	USD	Annual
Loss (gain) on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$11.35K	USD	Annual
Loss (gain) on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-97.97K	USD	Annual
Loss (gain) on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Write-down of property, plant and equipment	`WritedownOfPropertyPlantAndEquipment`	-	USD	Annual
Write-down of property, plant and equipment	`WritedownOfPropertyPlantAndEquipment`	$6.92M	USD	Annual
Write-down of property, plant and equipment	`WritedownOfPropertyPlantAndEquipment`	$71.17K	USD	Annual
Accretion of convertible notes	`AccretionExpense`	$3.98M	USD	Annual
Accretion of convertible notes	`AccretionExpense`	$852.04K	USD	Annual
Accretion of convertible notes	`AccretionExpense`	$6.48M	USD	Annual
Restructure fees included in financing activities	`RestructureFeesIncludedInFinancingActivities`	-	USD	Annual
Restructure fees included in financing activities	`RestructureFeesIncludedInFinancingActivities`	-	USD	Annual
Restructure fees included in financing activities	`RestructureFeesIncludedInFinancingActivities`	$632.00K	USD	Annual
Securities received in settlement of litigation	`SecuritiesReceivedInSettlementOfLitigation`	-	USD	Annual
Securities received in settlement of litigation	`SecuritiesReceivedInSettlementOfLitigation`	$-101.48K	USD	Annual
Securities received in settlement of litigation	`SecuritiesReceivedInSettlementOfLitigation`	-	USD	Annual
Net (gain) loss on sale of marketable securities	`MarketableSecuritiesGainLoss`	$-7.37K	USD	Annual
Net (gain) loss on sale of marketable securities	`MarketableSecuritiesGainLoss`	-	USD	Annual
Net (gain) loss on sale of marketable securities	`MarketableSecuritiesGainLoss`	$4.04K	USD	Annual
Impairment of marketable securities	`ImpairmentOfMarketableSecurities`	$433.97K	USD	Annual
Impairment of marketable securities	`ImpairmentOfMarketableSecurities`	$162.48K	USD	Annual
Impairment of marketable securities	`ImpairmentOfMarketableSecurities`	$178.25K	USD	Annual
Shares issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$2.13M	USD	Annual
Shares issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	-	USD	Annual
Shares issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$5.83K	USD	Annual
Net (increase) decrease in deposits and advances	`IncreaseDecreaseInDeposits`	$10.27K	USD	Annual
Net (increase) decrease in deposits and advances	`IncreaseDecreaseInDeposits`	$22.27K	USD	Annual
Net (increase) decrease in deposits and advances	`IncreaseDecreaseInDeposits`	$-194.55K	USD	Annual
Net increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-299.71K	USD	Annual
Net increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.25M	USD	Annual
Net increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.06M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.95M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.24M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.17M	USD	Annual
Proceeds from disposition of marketable securities	`ProceedsFromPaymentsForTradingSecurities`	-	USD	Annual
Proceeds from disposition of marketable securities	`ProceedsFromPaymentsForTradingSecurities`	$8.46K	USD	Annual
Proceeds from disposition of marketable securities	`ProceedsFromPaymentsForTradingSecurities`	$13.64K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$128.28K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$159.14K	USD	Annual
Purchase of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$150.00K	USD	Annual
Proceeds from sales of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$277.96K	USD	Annual
Proceeds from sales of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$69.43K	USD	Annual
Proceeds from sales of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-80.57K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$132.47K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-119.82K	USD	Annual
Net proceeds from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	$11.70M	USD	Annual
Net proceeds from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Net proceeds from the issuance of convertible notes	`ProceedsFromConvertibleDebt`	-	USD	Annual
Net proceeds from the issuance of common shares and warrants	`ProceedsFromIssuanceOfCommonStock`	$100.10K	USD	Annual
Net proceeds from the issuance of common shares and warrants	`ProceedsFromIssuanceOfCommonStock`	$5.70M	USD	Annual
Net proceeds from the issuance of common shares and warrants	`ProceedsFromIssuanceOfCommonStock`	$81.92K	USD	Annual
Restructure fees	`RestructureFees`	$1.02M	USD	Annual
Restructure fees	`RestructureFees`	$2.59M	USD	Annual
Restructure fees	`RestructureFees`	-	USD	Annual
Settlement of convertible notes	`EarlyRepaymentOfSeniorDebt`	-	USD	Annual
Settlement of convertible notes	`EarlyRepaymentOfSeniorDebt`	$33.79M	USD	Annual
Settlement of convertible notes	`EarlyRepaymentOfSeniorDebt`	$4.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.70M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.78M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-36.29M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-49.33M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.37M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.46M	USD	Annual
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.98M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.44M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.35M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$57.68M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.98M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.44M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.35M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$57.68M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$766.50K	USD	Annual
Cash paid for interest	`InterestPaid`	$1.45M	USD	Annual
Cash paid for interest	`InterestPaid`	$4.68M	USD	Annual

Stockholders Equity 5 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-20.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$-20.98M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.93M	USD	Point-in-time
Fair value of warrants issued	`FairValueOfWarrantsIssued`	$543.91K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.