Nov 15 (Reuters) - Mag Silver Corp MAG.TO :
* MAG SILVER ANNOUNCES UP TO US$44 MILLION PRIVATE PLACEMENT
* A NON-BROKERED PRIVATE PLACEMENT OFFERING OF UP TO 4.2 MILLION SHARES OF MAG AT A PRICE OF US$10.47 PER COMMON SHARE
* INTENDS TO USE NET PROCEEDS OF OFFERING TO FUND EXPLORATION AND DEVELOPMENT OF JUANICIPIO PROJECT